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Scrap Prices January 11, 2022 06:00:34 PM

10th January, 2022: Chinese Scrap Metal Prices Soared on Index

Anil Mathews
ScrapMonster Author
Shred SS prices too were up by CNY 150 per MT over the day.        

10th January, 2022: Chinese Scrap Metal Prices Soared on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on January 10th, Monday. Stainless Steel, Brass, Bronze and Copper Scrap prices too were up from the previous day. Meantime, Steel scrap prices held steady on Index.

Copper Scrap Prices

The #1 Copper Bare Bright prices were up by CNY 300 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 300 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 300 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 150 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 50 per MT when compared with the day before.

Copper Transformer scrap and Cu Yokes prices held steady on Index.

Cu/Al Radiator and Heater Cores prices inched higher by CNY 50 per MT and CNY 100 per MT respectively.

Harness Wire 35% Recovery prices witnessed no change over the day on Monday, January 10th.

Meantime, Scrap Electric Motors and Sealed Units prices were flat on Index.

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 150 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 150 per MT.

Aluminum Radiators and Aluminum Transformers edged higher by CNY 50 per MT each on Index.

E.C Aluminum Wire prices inched higher by CNY 150 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 150 per MT each on January 10th, 2022.

Meantime, UBC and Zorba 90% NF prices surged higher by CNY 50 per MT each on Index.

Steel Scrap Prices

#1 HMS prices held steady on 10th January, 2022.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices edged higher by CNY 100 per MT on Index.

304 SS Solid and 304 SS Turning prices were up by CNY 150 per MT.

309 SS and 316 SS Solid prices surged by CNY 200 per MT each when compared with the prior day.

310 SS Solid scrap prices soared by CNY 250 per MT on January 10th, 2022.

Shred SS prices too were up by CNY 150 per MT over the day.        

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded modest rise from the previous day.

Brass Radiator scrap prices remained flat on January 10th, 2022.

Red Brass and Yellow Brass prices were up by CNY 50 per MT each on Index.

 

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