Chinese Scrap Metal Price Update: Copper Edges Higher, Aluminum Drops on the Index– June 30, 2026

Daily Scrap Metal Price Report  |  2026-07-01 06:51:19   |   By

Aluminum scrap prices on the ScrapMonster Price Index moved lower across all categories on June 30, 2026, reflecting a broad-based day-on-day decline.

Summary
  • Copper scrap prices rose modestly, with key grades gaining CNY 50/MT.
  • Aluminum and stainless steel scrap recorded broad declines, led by losses of up to CNY 500/MT in aluminum and CNY 400/MT in stainless steel.
  • Steel and brass/bronze scrap prices remained stable with no day-on-day changes.

BEIJING (Scrap Monster): Chinese scrap metal prices posted a mixed trend on the ScrapMonster Price Index as of Tuesday, June 30, 2026.

  • Copper: Slightly up on the Index

  • Aluminum: Broad-based declines across all categories

  • Brass/Bronze: Witnessed no variation

  • Stainless Steel: Steep day-on-day drop

  • Steel: Remained stable without any change

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index recorded a slight jump across multiple categories on Tuesday, June 30, 2026, compared with the previous day.

·         #1 Copper Bare Bright and #1 Copper Wire and Tubing: up by CNY 50 per MT each

·         #2 Copper Wire and Tubing: edged higher by CNY 50 per MT

·         #1 Insulated Copper Wire (85% Recovery): saw no variation

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

·         Copper Transformer Scrap: reported no change

·         Cu Yokes, Cu/Al Radiators, Heater Cores, Harness Wire (35% Recovery): remained flat

·         Scrap Electric Motors and Sealed Units: recorded no fluctuation in prices

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index moved lower across all categories on June 30, 2026, reflecting a broad-based day-on-day decline.

·         6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 500 per metric ton each

·         Aluminum Radiators and Aluminum Transformers: declined by CNY 250 per metric ton each

·         E.C. Aluminum Wire: recorded a sharper drop of CNY 500 per metric ton

·         Old Cast Aluminum and Old Sheet Aluminum: decreased by CNY 500 per metric ton each

·         Used Beverage Cans (UBC) and Zorba 90% INF: posted comparatively smaller losses of CNY 250 per metric ton each

Steel Scrap Prices

#1 HMS prices held steady as of June 30, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index registered consistent day-on-day declines across key grades on Tuesday, June 30, 2026.

  • 201 SS: witnessed a decline of CNY 100 per MT

  • 304 SS Solid: dropped by CNY 200 per MT

  • 304 SS Turning: fell by CNY 200 per MT

  • 309 SS: declined by CNY 300 per MT

  • 310 SS: recorded a sharper fall of CNY 400 per MT

  • 316 SS Solid: edged lower by CNY 300 per MT

  • Shredded Stainless Steel: down by CNY 200 per MT

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded no change as of June 30, 2026.

  • Brass Radiator: Held steady

  • Red Brass: Witnessed no change

  • Yellow Brass: Unmoved on the Index

 

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