Chinese Scrap Metal Prices Maintain Broad Downward Trend on the Index- June 24, 2026

Daily Scrap Metal Price Report  |  2026-06-25 01:03:48   |   By

Aluminum scrap prices on the ScrapMonster Price Index moved lower across all categories on June 24, 2026, reflecting a broad-based day-on-day decline.

Summary
  • Copper, aluminum, and stainless steel scrap prices declined on the ScrapMonster Price Index, signaling continued market weakness.
  • Aluminum scrap recorded the broadest losses, with declines reported across all tracked categories.
  • Brass/bronze and steel scrap prices remained unchanged, providing some stability amid the broader downturn.

BEIJING (Scrap Monster): As of Wednesday, June 24, 2026, the ScrapMonster Price Index indicated continued weakness in the Chinese scrap metal market. Prices for copper, aluminum, and stainless steel scrap categories moved lower from the previous day, reflecting subdued market sentiment. In contrast, brass/bronze and steel scrap prices remained unchanged, maintaining stable trading levels across the Index.

  • Copper: Witnessed a slight decline

  • Aluminum: Widespread dips across all categories

  • Brass/Bronze: Recorded no variation

  • Stainless Steel: Slight decrease over the previous day

  • Steel: Remained stable without any change

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index registered a slight decline on Wednesday, June 24, 2026, compared with the previous day.

  • #1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 100 per MT each

  • #2 Copper Wire and Tubing: decreased by CNY 100 per MT

  • #1 Insulated Copper Wire (85% Recovery): fell by CNY 50 per MT

  • #2 Insulated Copper Wire (50% Recovery): held steady

  • Copper Transformer Scrap and Cu Yokes: recorded no variation

  • Cu/Al Radiators and Harness Wire (35% Recovery): flat trend

  • Heater Cores: slipped by CNY 50 per MT

  • Scrap Electric Motors and Sealed Units: remained unchanged on the Index

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index moved lower across all categories on June 24, 2026, reflecting a broad-based day-on-day decline.

  • 6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 100 per metric ton each

  • Aluminum Radiators and Aluminum Transformers: declined by CNY 50 per metric ton each

  • E.C. Aluminum Wire: recorded a sharper drop of CNY 100 per metric ton

  • Old Cast Aluminum and Old Sheet Aluminum: decreased by CNY 100 per metric ton each

  • Used Beverage Cans (UBC) and Zorba 90% INF: posted comparatively smaller losses of CNY 50 per metric ton.

Steel Scrap Prices

#1 HMS prices held steady as of June 24, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index registered a slight day-on-day decline on Wednesday, June 24, 2026.

  • 201 SS: inched lower by CNY 50 per MT on the Index

  • 304 SS Solid: Recorded a dip of CNY 100 per MT

  • 304 SS Turning: saw a decline of CNY 100 per MT on the Index

  • 309 SS: edged lower by CNY 150 per MT

  • 310 SS: recorded a decline of CNY 200 per MT

  • 316 SS Solid: edged lower by CNY 150 per MT

  • Shredded Stainless Steel: witnessed a fall of CNY 100 per MT over the previous day

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded no change as of June 24, 2026.

  • Brass Radiator: Held steady

  • Red Brass and Yellow Brass: Remained unchanged on the Index

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