Market Update-30th March, 2015: Chinese Stainless steel scrap prices declined
The Chinese Stainless Steel scrap prices mostly declined on Monday, March 30th
BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly declined on ScrapMonster Price Index as on Monday, March 30th.
201 SS prices declined by CNY 50 per MT to touch CNY 4,000 per MT.
304 SS Solid prices too were down by CNY 50 per MT.
The price of 304 SS Turning dropped by CNY 50 per MT over the previous day.
309 SS and 310 SS prices witnessed marginal decrease of CNY 100 per MT each.
316 SS Solid scrap prices edged lower by CNY 100 per MT over the day on March 30th.
Shred SS prices too were down by CNY 50 per MT to CNY 9,300 per MT.
Meantime, steel scrap prices held steady. The prices of #HMS scrap and Cast Iron scrap remained unchanged.
On the other hand, Shred Zinc scrap prices saw marginal rise of CNY 50 per MT.
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Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.32 | $US/Lb |
| #1 Copper Bare Bright | 3.78 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.73 | $US/Lb |
| 6061 Extrusions | 0.64 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 460.00 | $US/MT |
| #1 Busheling | 480.00 | $US/MT |
| Electronics Scrap | ||