Chinese Scrap Metal Prices Register Broad Decline on the Index, Stainless Steel Scrap Gains– July 27, 2026

Daily Scrap Metal Price Report  |  2026-07-28 01:04:04   |   By

Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on July 27, 2026, reflecting a broad-based day-on-day decline.

Summary
  • Copper scrap prices weakened significantly, with major grades such as #1 Copper Bare Bright and #1 Copper Wire and Tubing dropping by CNY 800 per MT.
  • Aluminum and brass/bronze scrap markets softened, as nearly all aluminum grades and key brass categories recorded day-on-day price declines.
  • Steel scrap prices remained stable, while the stainless steel market was mixed, with 310 SS rising by CNY 100 per MT despite declines in 309SS and 316 SS.

BEIJING (Scrap Monster): Chinese scrap metal prices posted a marked decline on the ScrapMonster Price Index as of Monday, July 27, 2026.

  • Copper: Strong downward momentum

  • Aluminum: Broad-based declines across all categories

  • Brass/Bronze: Witnessed a weakening trend

  • Stainless Steel: Recorded an increase

  • Steel: Remained stable without any change

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Monday, July 27, 2026, compared with the previous day.

·         #1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 800 per MT each

·         #2 Copper Wire and Tubing: decreased by CNY 800 per MT

·         #1 Insulated Copper Wire (85% Recovery): fell by CNY 400 per MT

·         #2 Insulated Copper Wire (50% Recovery): dropped by CNY 100 per MT

·         Copper Transformer Scrap, Cu Yokes: saw no change on the Index

·         Cu/Al Radiators: declined by CNY 100 per MT

·         Harness Wire 35% Recovery: declined by CNY 50 per MT

·         Heater Cores: decreased by CNY 350 per MT

·         Scrap Electric Motors and Sealed Units: held steady on the Index

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on July 27, 2026, reflecting a broad-based day-on-day decline.

·         6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 150 per metric ton each

·         Aluminum Radiators and Aluminum Transformers: saw a dip of CNY 50 per MT each on the Index

·         E.C. Aluminum Wire, Old Cast Aluminum, and Old Sheet Aluminum: decreased by CNY 150 per metric ton each

·         Used Beverage Cans (UBC) and Zorba 90% INF: posted a decline of CNY 50 per MT each

Steel Scrap Prices

#1 HMS prices held steady as of July 27, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index registered a small increase across key grades on Monday, July 27, 2026.

  • 201 SS, 304 SS Solid, 304 SS Turning, Shredded Stainless Steel: witnessed no change in prices

  • 309SS, 316 SS Solid: saw a decline of CNY 50 per MT each

  • 310 SS: increased by CNY 100 per MT on the Index

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded a decline as of July 27, 2026.

  • Brass Radiator: Dipped by CNY 50 per MT

  • Red Brass: Down by CNY 100 per MT

  • Yellow Brass: Edged lower by CNY 100 per MT

 

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