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Scrap Prices January 19, 2022 10:45:01 PM

18th January, 2022: Chinese Scrap Metal Prices Displayed Mixed Trend on Index

Anil Mathews
ScrapMonster Author
Aluminum Ingots prices too were up by CNY 100 per MT.

18th January, 2022: Chinese Scrap Metal Prices Displayed Mixed Trend on Index

BEIJING (Scrap Monster): The Chinese aluminum and stainless steel scrap prices surged higher on ScrapMonster Price Index  as on January 18th, Tuesday. Copper Scrap prices dipped from the previous day. Meantime, Brass, Bronze and Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 250 per MT each.

The price of #2 Copper Wire and Tubing also decreased by CNY 250 per MT.

#1 Insulated Copper Wire 85% Recovery prices have dropped by CNY 100 per MT on Index. The price of #2 Insulated Copper Wire 50% Recovery prices witnessed no change 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 Tuesday, January 18th, 2022.

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

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 100 per MT.

Aluminum Radiators and Aluminum Transformers edged higher by CNY 50 per MT each on Index.

E.C Aluminum Wire prices inched higher by CNY 100 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 100 per MT each on January 18th, 2022.

Meantime, UBC and Zorba 90% NF prices surged higher by CNY 50 per MT each on Index.

Steel Scrap Prices

#1 HMS prices held steady on 18th January, 2022.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices increased by CNY 50 per MT on Index.

304 SS Solid and 304 SS Turning prices were up by CNY 100 per MT each on Index.

309 SS and 316 SS Solid prices surged by CNY 150 per MT when compared with the prior day.

310 SS Solid scrap prices were up by CNY 200 per MT on January 18th, 2022.

Shred SS prices too soared by CNY 100 per MT over the day.    

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded no change from the previous day.

Brass Radiator scrap prices held steady on January 18th, 2022.

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

 

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