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Scrap Prices September 11, 2020 06:50:17 PM

10th September, 2020: Chinese Scrap Metal Prices Slipped on Index

Anil Mathews
ScrapMonster Author
#1 Copper Bare Bright prices were down by CNY 800 per MT over the previous day.

10th September, 2020: Chinese Scrap Metal Prices Slipped on Index

BEIJING (Scrap Monster): The Chinese copper scrap prices declined sharply on ScrapMonster Price Index  as on September 10th, 2020, Thursday. Stainless Steel scrap prices too declined on Index when compared with the previous day. Aluminum, Brass and Bronze scrap prices were down sharply. Meantime, Steel scrap prices held steady on Index.

Copper Scrap Prices                             

#1 Copper Bare Bright prices were down by CNY 800 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined heavily by CNY 800 per MT each.

#1 Insulated Copper Wire 85% Recovery prices witnessed a drop of CNY 400 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded a down move of $200 per MT over the previous day.

Copper Transformer prices inched lower by CNY 100 per MT on Index.

Cu Yokes and Harness Wire 35% Recovery prices declined by CNY 100 per MT each.

Cu/Al Radiator scrap prices were down by CNY 200 per MT.

Heater Cores prices too declined by CNY 300 per MT on Thursday, September 10th.

Meantime, Scrap Electric Motors and Sealed Units prices edged lower by CNY 50 per MT each.

Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day.

Aluminum Ingots too were down by CNY 100 per MT.

The prices of Aluminum Radiators and Aluminum Transformers remained unchanged.

E.C Aluminum Wire prices dropped by CNY 100 per MT.

Old Cast and Old Sheet prices too witnessed a down move of CNY 100 per MT and CNY 50 per MT respectively on September 10th.

UBC prices dipped by CNY 50 per MT.

Zorba 90% NF prices remained unchanged.

Steel Scrap Prices

#1 HMS prices held steady on 10th September, 2020.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices declined by CNY 100 per MT on Index.

304 SS Solid and 304 SS Turning prices saw decline by CNY 150 per MT each on Index.

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

310 SS Solid scrap prices were down by CNY 350 per MT on September 10th.

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

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China dropped on Index.

Brass Radiator scrap prices were down by CNY 100 per MT on September 10th, 2020.

Red Brass and Yellow Brass prices too dropped by CNY 150 per MT each.

 

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