China Scrap Metal Prices: Copper and Brass Rise, Stainless Steel Slips
Chinese scrap metal prices posted modest, mixed movement on the ScrapMonster Price Index as of Monday, August 3, 2026. Copper and brass/bronze scrap edged higher, stainless steel scrap dropped, and aluminum and steel scrap held steady.
What Readers Should Know
- Copper scrap prices recorded a broad-based surge on the Index.
- Brass/Bronze scrap prices saw a widespread increase.
- Stainless steel scrap prices edged lower.
- Aluminum scrap prices held steady with no variation.
- Steel scrap prices remained stable and unchanged.
Why Copper and Brass Scrap Prices Rose
Copper scrap prices saw broad-based gains on the China Copper Scrap Price Index. #1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 500 per MT compared with the previous day, while #2 Copper Wire and Tubing rose by CNY 500 per MT.
#1 Insulated Copper Wire with 85% recovery climbed CNY 250 per MT, and #2 Insulated Copper Wire (50% recovery) increased by CNY 50 per MT. Copper Transformer scrap and Cu Yokes reported no change.
Cu/Al Radiator scrap jumped CNY 50 per MT, while Heater Cores gained CNY 200 per MT. Harness Wire (35% recovery), Scrap Electric Motors, and Sealed Units held steady.
Brass/Bronze scrap prices recorded a modest jump on the China Brass/Bronze Scrap Price Index. Brass Radiator, Red Brass, and Yellow Brass each increased by CNY 50 per MT.
Where Aluminum and Steel Held Steady
Aluminum scrap prices showed no movement on the China Aluminum Scrap Price Index. 6063 Extrusions, Aluminum ingot, Aluminum Radiators, and Aluminum Transformers were unchanged. E.C Aluminum Wire, Old Cast, Old Sheet, UBC, and Zorba 90% INF prices also saw no variation.
Steel scrap prices held steady on the China Steel Scrap Price Index. #1 HMS prices were unchanged compared with the previous day, and Cast Iron Scrap reported no change.
Chinese Scrap Metal Market Records Broad Price Rally on the Index
Chinese Scrap Metal Prices Mixed as Copper, Aluminum Rise, Stainless Steel Drops on the Index
Why Stainless Steel Scrap Declined
Stainless steel scrap prices edged lower on the China Stainless Steel Scrap Price Index. 201 SS, 304 SS Solid, 304 SS Turning, and Shred SS held steady versus the previous day.
309 SS and 316 SS Solid inched lower by CNY 50 per MT each, while 310 SS declined by CNY 100 per MT.
How to Track Live China Scrap Prices
Full pricing data across copper, aluminum, brass/bronze, stainless steel, and steel grades is available on the ScrapMonster China Scrap Prices page. Readers can subscribe to Scrap Monster Live Scrap Prices for real-time updates.
People Also Ask
Which China scrap metal category rose the most on August 3, 2026?
Copper scrap led gains, with #1 Copper Bare Bright and #1 Copper Wire and Tubing each up CNY 500 per MT.
Did brass and bronze scrap prices increase in China?
Yes. Brass Radiator, Red Brass, and Yellow Brass each rose by CNY 50 per MT.
Which scrap category declined on the Index?
Stainless steel scrap edged lower, with 309 SS and 316 SS Solid down CNY 50 per MT, and 310 SS down CNY 100 per MT.
Did aluminum scrap prices change in China?
No. Aluminum scrap grades, including 6063 Extrusions and UBC, held steady with no variation.
Were steel scrap prices flat in China?
Yes. #1 HMS and Cast Iron Scrap both reported no change compared with the previous day.