Chinese Scrap Metal Prices Post Broad Gains; Stainless Steel Falls on the Index– September 7, 2026

Daily Scrap Metal Price Report  |  2026-09-08 05:40:01   |   By

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 600 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 600 per MT.

Summary
  • Copper scrap prices climbed broadly: #1 Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each gained CNY 600/MT, while several insulated copper and radiator grades also posted increases.
  • Aluminum and brass/bronze strengthened: Aluminum scrap prices rose across multiple grades, with 6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast, and Old Sheet gaining CNY 100/MT. Red Brass and Yellow Brass each advanced CNY 100/MT.
  • Steel remained stable while stainless steel softened: #1 HMS and Cast Iron Scrap were unchanged. Most stainless steel grades also held steady, but 310 SS declined by CNY 50/MT.

BEIJING (Scrap Monster): Chinese scrap metal prices mostly edged higher on the ScrapMonster Price Index as of Monday, September 7, 2026. Copper, aluminum, and brass/bronze scrap prices moved higher, while stainless steel scrap saw a slight decline. Meanwhile, steel scrap prices remained steady on the Index.

Copper Scrap Prices

Copper scrap prices gained across select categories on the Index.

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 600 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 600 per MT.

#1 Insulated Copper Wire with 85% Recovery climbed CNY 300 per MT, while #2 Insulated Copper Wire with 50% Recovery edged higher by 100 per MT on the Index.

Cu Yokes and Harness Wire with 35% Recovery prices were up by CNY 50 per MT each.

Cu/Al Radiator Scrap and Heater Cores prices jumped CNY 100 per MT and CNY 250 per MT, respectively, on the Index.

The rest of the scrap categories, including Copper Transformer Scrap, Scrap Electric Motors, and Sealed Units, remained flat compared with the previous day.

Aluminum Scrap Prices

6063 Extrusions and Aluminum Ingots each increased CNY 100 per MT from the previous day.

Aluminum Radiators and Aluminum Transformers witnessed a jump of CNY 50 per MT each.

E.C. Aluminum Wire, Old Cast, and Old Sheet increased by CNY 100 per MT on the Index.

Meanwhile, UBC and Zorba 90% INF prices recorded a rise of CNY 50 per MT each from the previous day's prices.

Steel Scrap Prices

#1 HMS prices recorded no variation on the Index.

Cast Iron Scrap also recorded no change.

Stainless Steel Scrap Prices

201 SS, 304 SS Solid, 304 SS Turning, 309 SS, 316 SS Solid, and Shred SS prices recorded no variation from the previous day's prices.

Meanwhile, 310 SS posted a slight decline of CNY 50 per MT on the Index.

Brass/Bronze Scrap Prices

Brass and bronze scrap prices in China recorded an increase on the Index.

Brass Radiator scrap prices edged higher by CNY 50 per MT, while Red Brass and Yellow Brass prices jumped by CNY 100 per MT each compared with the prior day’s prices.

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