Chinese Scrap Metal Market Sees Strong Price Gains on the Index– July 14, 2026

Daily Scrap Metal Price Report  |  2026-07-15 06:59:19   |   By

Copper, aluminum, stainless steel, and brass/bronze scrap prices jumped compared to the previous day, while steel scrap prices remained steady on the Index.

Summary
  • Copper led the rally, with #1 Copper Bare Bright, #1 Copper Wire & Tubing, and #2 Copper Wire & Tubing surging CNY 1,600/MT, while most other copper grades also posted gains.
  • Aluminum, stainless steel, and brass/bronze prices advanced, with aluminum ingots and 6063 Extrusions up CNY 350/MT, and stainless steel and brass grades recording moderate increases.
  • Steel scrap prices remained unchanged, as #1 HMS and Cast Iron Scrap held steady on the ScrapMonster Price Index.

BEIJING (Scrap Monster): The Chinese scrap metal prices recorded notable gains on the ScrapMonster Price Index as of Tuesday, July 14, 2026.

  • Copper: Broad-based surge

  • Aluminum: Consistent upward movement

  • Brass/Bronze: Widespread increase

  • Stainless Steel: Edged higher

  • Steel: Stable/unchanged

Copper, aluminum, stainless steel, and brass/bronze scrap prices jumped compared to the previous day, while steel scrap prices remained steady on the Index.

Copper Scrap Prices

Copper scrap prices saw broad-based gains on Tuesday, July 14, 2026.

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 1,600 per MT compared to the previous day. Also, #2 Copper Wire and Tubing rose by CNY 1,600 per MT.

#1 Insulated Copper Wire with 85% recovery climbed CNY 800 per MT, and #2 Insulated Copper Wire (50% recovery) recorded an increase of CNY 300 per MT.

Copper Transformer scrap and Cu Yokes reported a CNY 100 per MT increase on the Index.

Cu/Al Radiator scrap jumped CNY 300 per MT, while Harness Wire (35% recovery) inched up CNY 100 per MT.

Heater Cores gained CNY 650 per MT, while Scrap Electric Motors and Sealed Units recorded a slight increase of CNY 100 per MT each on the Index.

Aluminum Scrap Prices

6063 Extrusions witnessed a jump of CNY 350 per MT in prices over the previous day.

Aluminum ingot prices also increased by CNY 350 per MT.

The prices of Aluminum Radiators and Aluminum Transformers were up by CNY 150 per MT each on the Index.

E.C Aluminum Wire prices saw a jump of CNY 350 per MT on the Index.

Old Cast and Old Sheet prices were up by CNY 350 per MT as of July 14, 2026.

UBC and Zorba 90% INF prices increased by CNY 150 per MT each from the previous day’s price.

Steel Scrap Prices

#1 HMS prices held steady as of July 14, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

  • 201 SS: Witnessed no change over the previous day

  • 304 SS Solid: Up by CNY 50 per MT

  • 304 SS Turning: Recorded a jump of CNY 50 per MT

  • 309 SS: Edged higher by CNY 100 per MT

310 SS prices reported a jump of CNY 150 per MT as of Tuesday, July 14, 2026.

316 SS Solid prices were up by CNY 100 per MT over the previous day’s prices.

Shred SS prices increased by CNY 50 per MT on the Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded a notable jump as of July 14, 2026.

  • Brass Radiator: Increased by CNY 200 per MT

  • Red Brass: Edged higher by CNY 300 per MT

  • Yellow Brass: Up by CNY 300 per MT

 

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