11th April, 2019: Chinese Scrap Metal Prices Declined Marginally on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on April 11^th, Thursday. Steel, Aluminum scrap prices held steady. Brass/Bronze scrap and Copper scrap prices recorded marginal decline. Also, Stainless Steel scrap prices held steady on Index.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 300 per MT each.

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

#1 Insulated Copper Wire 85% Recovery prices were down marginally by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery reported a decline by CNY 50 per MT when compared with the day before.

Copper Transformer scrap and Cu Yokes prices inched lower by CNY 50 per MT each.

Cu/Al Radiator and Harness Wire 35% Recovery prices were down by CNY 50 per MT each on Thursday, April 11^th, 2019.

Heater Cores were down by CNY 100 per MT from the previous day.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions witnessed no change in prices over the previous day.

Aluminum Ingots too remained unchanged.

The prices of Aluminum Radiators and Aluminum Transformers saw no variation.

E.C Aluminum Wire prices remained unmoved on Index.

Old Cast prices too were flat on 11^th April, 2019.

The prices of Old Sheets and UBC held steady on Index.

Zorba 90% INF prices saw no change from the previous day.

Steel Scrap Prices

#1 HMS prices held steady on 11^th April, 2019.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were unchanged on Index.

304 SS Solid prices too remained flat over the previous day.

The price of 304 SS Turning saw no change on Index.

309 SS and 310 SS prices held steady when compared with the prior day.

316 SS Solid scrap prices were flat on 11^th April, 2019.

Shred SS prices too saw no variation in prices over the day.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China declined marginally on Index.

Brass Radiator scrap prices dropped by CNY 50 per MT on 11^th April, 2019.

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

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