Chinese Scrap Metal Prices Show Mixed Trends on Index– March 23, 2026

The price of #2 Copper Wire and Tubing also surged by CNY 2,000 per MT.

BEIJING (Scrap Monster): The Chinese scrap metal prices recorded mixed performance on the ScrapMonster Price Index as of Monday, March 23, 2026.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed a notable jump in prices of CNY 2,000 per MT each over the previous day.

The price of #2 Copper Wire and Tubing also surged by CNY 2,000 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 1,000 per MT.

The price of #2 Insulated Copper Wire 50% Recovery recorded a jump of CNY 700 per MT over the previous day.

Copper Transformer and Cu Yokes prices witnessed a rise of CNY 100 per MT each on the Index.

Cu/Al Radiator scrap prices were up by CNY 700 per MT.

Heater Cores prices recorded an upward movement of CNY 800 per MT as of Monday, March 23, 2026.

Harness Wire 35% Recovery prices were up by CNY 100 per MT upon comparison with the prior day’s prices.

Also, Scrap Electric Motors and Sealed Units prices edged higher by CNY 100 per MT each on the Index.

· 6063 aluminum extrusions recorded a day-on-day increase of CNY 50 per metric ton.

· Aluminum ingot prices also advanced by CNY 50 per metric ton compared to the previous trading session.

· Aluminum radiator and aluminum transformer prices remained unchanged on the index.

· E.C. aluminum wire saw an upward movement, gaining CNY 50 per metric ton as of March 23, 2026.

· In the scrap aluminum segment:

· However:

#1 HMS prices held steady as of March 23, 2026.

Cast Iron Scrap reported no change in prices.

The price of 310 SS witnessed a dip of CNY 200 per MT on a daily basis.

316 SS Solid prices recorded a fall of CNY 150 per MT on the Index.

Also, Shred SS scrap prices were down by CNY 100 per MT as of Monday, March 23, 2026

The Brass/Bronze Scrap prices in China recorded increase as of March 23, 2026.