Market Update- 29th Oct, 2014: Chinese copper scrap prices edge higher
The Chinese copper scrap prices ended marginally higher on Wednesday, October 29th
BEIJING (Scrap Monster): The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index as on Wednesday, October 29th.
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 100 per MT each.
The price of #2 Copper W ire and Tubing also increased by CNY 100 per MT.
#1 Insulated Copper Wire 85% Recovery prices remained flat over the day at CNY 32,250 per MT. The price of #2 Insulated Copper Wire 50% Recovery too remained unchanged.
Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.
Cu/Al Radiator prices remained flat over the previous day.
Harness Wire 35% Recovery and Heater Cores too maintained previous day’s levels on Wednesday, October 29th.
Also, Scrap Electric Motors and Sealed Units prices remained unchanged.
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Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.32 | $US/Lb |
#1 Copper Bare Bright | 3.63 | $US/Lb |
Aluminum Scrap | ||
356 Aluminum Wheels (Clean) | 0.72 | $US/Lb |
6061 Extrusions | 0.63 | $US/Lb |
Steel Scrap | ||
#1 Bundle | 460.00 | $US/MT |
#1 Busheling | 480.00 | $US/MT |
Electronics Scrap |