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Scrap Prices January 17, 2020 04:30:20 AM

16th January, 2020: Chinese Scrap Metal Prices See Mixed Trend on Index

Anil Mathews
ScrapMonster Author
#1 Insulated Copper Wire 85% Recovery prices remained flat.

16th January, 2020: Chinese Scrap Metal Prices See Mixed Trend on Index

BEIJING (Scrap Monster): The Chinese copper scrap prices surged higher on ScrapMonster Price Index  as on January 16th, Thursday. Aluminum scrap prices declined, whereas Brass and Bronze scrap prices remained unchanged on Index. Stainless Steel scrap prices surged higher from the previous day. Meantime, Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing prices edged higher by CNY 100 per MT each over the previous day.

The price of #2 Copper Wire and Tubing also was up by CNY 100 per MT.

#1 Insulated Copper Wire 85% Recovery prices remained flat. The price of #2 Insulated Copper Wire 50% Recovery held steady over the previous day.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices remained unchanged.

Harness Wire 35% Recovery prices held steady on Thursday, January 16th.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions witnessed a decline of CNY 200 per MT over the previous day.

Aluminum Ingots too were down by CNY 200 per MT.

The prices of Aluminum Radiators and Aluminum Transformers saw decline by CNY 100 per MT and CNY 50 per MT respectively.

E.C Aluminum Wire prices registered decline by CNY 200 per MT.

Old Cast and Old Sheet prices too were down by CNY 200 per MT each on 16th January, 2020.

The prices of UBC  and Zorba 90% INF were down by CNY 100 per MT and CNY 50 per MT respectively from the previous day.

Steel Scrap Prices

#1 HMS prices held steady on 16th January, 2020.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices climbed higher by CNY 100 per MT.

304 SS Solid prices too increased by CNY 150 per MT over the previous day.

The price of 304 SS Turning witnessed a rise of CNY 150 per MT.

309 SS and 310 SS prices witnessed increase of CNY 200 per MT and CNY 300 per MT respectively.

316 SS Solid scrap prices edged higher by CNY 200 per MT over the day on January 16th, 2020.

Shred SS prices increased by CNY 150 per MT.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices held steady on January 16th, 2020.

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

 

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