Market Update-26th May, 2015: Chinese Stainless steel scrap prices gain
The Chinese Stainless Steel scrap prices mostly edged higher on
BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on May 26th, Tuesday.
201 SS prices climbed higher by CNY 100 per MT to CNY 3,950 per MT.
304 SS Solid prices too increased by CNY 100 per MT over the previous day.
The price of 304 SS Turning witnessed a rise of CNY 100 per MT.
309 SS and 310 SS prices witnessed marginal increase of CNY 100 per MT each.
316 SS Solid scrap prices edged higher by CNY 150 per MT over the day on May 26th.
Shred SS prices increased by CNY 100 per MT to CNY 9,150 per MT.
Meantime, steel scrap prices held steady. The prices of #HMS scrap and Cast Iron scrap remained unchanged.
Shred Zinc scrap prices too remained flat over the previous day.
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Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.32 | $US/Lb |
#1 Copper Bare Bright | 3.75 | $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 |