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Scrap Prices May 18, 2021 08:15:47 PM

17th May, 2021: Chinese Scrap Metal Prices Spiked on Index

Anil Mathews
ScrapMonster Author
Aluminum Radiators and Aluminum Transformers prices increased by CNY 150 per MT each on Index.

17th May, 2021: Chinese Scrap Metal Prices Spiked on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on May 17th, Monday. Copper Scrap prices too were up from the previous day. Stainless Steel scrap prices surged on Index. Meantime, Brass, Bronze and Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing surged higher by CNY 150 per MT over the previous day.

The price of #2 Copper Wire and Tubing also were up by CNY 150 per MT.

#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 50 per MT. 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 Monday, May 17th.

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

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 300 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 300 per MT.

Aluminum Radiators and Aluminum Transformers prices increased by CNY 150 per MT each on Index.

E.C Aluminum Wire prices inched higher by CNY 300 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 300 per MT each on May 17th, 2021.

Meantime, UBC and Zorba 90%NF prices were up by CNY 150 per MT and CNY 100 per MT respectively on Index.

Steel Scrap Prices

#1 HMS prices held steady on 17th May, 2021.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS were up by CNY 50 per MT.

304 SS Solid and 304 SS Turning prices edged higher by CNY 100 per MT each on Index.

309 SS and 310 SS scrap prices edged higher by CNY 150 per MT and CNY 200 per MT respectively when compared with the prior day.

316 SS Solid prices were up by CNY 150 per MT on May 17th, 2021.

Shred SS prices recorded upmove by CNY 100 per MT from the previous day.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices held steady on May 17th, 2021.

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

 

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