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Scrap Prices October 14, 2022 07:00:25 PM

13th October, 2022: Chinese Scrap Prices Posted Mixed Trend on Index

Anil Mathews
ScrapMonster Author
#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day.

13th October, 2022: Chinese Scrap Prices Posted Mixed Trend on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices registered mixed trend on ScrapMonster Price Index  as on October 13th, Thursday. Stainless Steel prices surged higher, while Copper scrap prices dropped on Index when compared with the previous day. Aluminum scrap prices edged higher. Meantime, Brass/Bronze and Steel scrap prices held steady on Index.

Copper Scrap Prices

#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 200 per MT each.

#1 Insulated Copper Wire 85% Recovery prices have declined by CNY 100 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded no change over the previous day.

Copper Transformer scrap prices were unmoved on Index.

Cu Yokes and Harness Wire 35% Recovery scrap prices were flat.

Cu/Al Radiator scrap prices too recorded no change.

Heater Cores prices declined by CNY 50 per MT on Thursday, October 13th.

Meantime, Scrap Electric Motors and Sealed Units prices witnessed no change from the prior day on Index.

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 50 per MT over the previous day.

Aluminum Ingots too were up by CNY 50 per MT.

Aluminum Radiators and Transformers prices were unchanged on Index.

E.C Aluminum Wire prices jumped higher by CNY 50 per MT.

The prices of Old Sheet and Old Cast witnessed rise of CNY 50 per MT each on October 13th, 2022.

Meantime, UBC and Zorba 90% NF scrap prices recorded no change on Index.

Steel Scrap Prices

#1 HMS prices held steady on 13th October, 2022.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS and 304 SS Solid scrap prices witnessed surge by CNY 150 per MT and CNY 200 per MT respectively on Index.

304 SS Turning prices increased by CNY 200 per MT over the day.

309 SS and 310 SS prices too were up by CNY 300 per MT and CNY 400 per MT respectively on 13th October, 2022, when compared with the prior day.

316 SS and Shred SS prices were up by CNY 300 per MT and CNY 200 per MT respectively on Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China were unchanged on Index.

Brass Radiator scrap prices were flat on October 13th, 2022.

Red Brass and Yellow Brass prices too witnessed no change on Index.

 

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