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Scrap Prices May 16, 2019 06:30:45 AM

15th May, 2019: Chinese Scrap Metal Prices Surged on Index

Anil Mathews
ScrapMonster Author
E.C Aluminum Wire prices saw an increase by CNY 100 per MT on Index.
15th May, 2019: Chinese Scrap Metal Prices Surged on Index

BEIJING (Scrap Monster): The Chinese copper scrap prices surged higher on ScrapMonster Price Index  as on May 15th, Wednesday. Aluminum scrap prices too were up from the previous day. Meantime, Stainless Steel, Brass, Bronze and Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright prices were up by CNY 200 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 50 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 and Cu Yokes prices remained unchanged on Index.

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

Harness Wire 35% Recovery held flat on Wednesday, May 15th.

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

Aluminum Scrap Prices

6063 Extrusions were up by CNY 100 per MT over the previous day.

Aluminum Ingots too edged higher by CNY 100 per MT.

The prices of Aluminum Radiators and Aluminum Transformers increased marginally by CNY 50 per MT each.

E.C Aluminum Wire prices saw an increase by CNY 100 per MT on Index.

Old Cast and Old Sheet  prices too were up by CNY 100 per MT each on 15th May, 2019.

UBC prices edged higher by CNY 50 per MT on Index.

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

Steel Scrap Prices

#1 HMS prices held steady on 15th May, 2019.

Cast Iron Scrap too 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 316 SS prices held steady when compared with the prior day.

310 SS Solid scrap prices were flat on May 15th, 2019.

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

 Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices held steady on May 15th, 2019.

Red Brass and Yellow Brass prices too were flat on Index.

 

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