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Scrap Prices March 19, 2019 04:15:57 AM

18th March, 2019: Chinese Scrap Metal Prices Slumped on Index

Anil Mathews
ScrapMonster Author
#1 Copper Bare Bright prices were down by CNY 1000 per MT over the previous day.

18th March, 2019: Chinese Scrap Metal Prices Slumped on Index

BEIJING (Scrap Monster): The Chinese Copper and Aluminum scrap prices declined modestly on ScrapMonster Price Index  as on March 18th, Monday. Brass and Bronze scrap prices witnessed slight decline on Index when compared with the previous day. Meantime, Steel and Stainless Steel scrap prices held steady over the day.

Copper Scrap Prices

#1 Copper Bare Bright prices were down by CNY 1000 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 1000 per MT each.

#1 Insulated Copper Wire 85% Recovery prices dropped by CNY 400 per MT on Index over the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices were down by CNY 200 per MT.

Copper Transformer Scrap prices were dropped by CNY 50 per MT on Index when matched with the prior day.

Cu Yokes and Harness Wire 35% Recovery prices too declined by CNY 100 per MT each over the previous day.

Cu/Al Radiator scrap and Heater Cores prices were down by CNY 200 per MT and CNY 250 per MT respectively on Monday, March 18th.

Meantime, Scrap Electric Motors and Sealed Units prices witnessed downfall by CNY 50 per MT each.

Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 250 per MT over the previous day.

Aluminum Ingots too dropped by CNY 250 per MT.

The prices of Aluminum Radiators  and Aluminum Transformers edged lower by CNY 100 per MT each.

E.C Aluminum Wire prices dropped by CNY 250 per MT.

Old Cast prices too witnessed a down move of CNY 250 per MT on 18th March, 2019.

The prices of Old Sheets saw a down move of CNY 250 per MT.

UBC prices were down by CNY 150 per MT from the prior day.

Zorba 90% NF prices saw no variation.

Steel Scrap Prices

#1 HMS prices held steady on 18th March, 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.

310 SS prices reported no variation in prices.

309 SS and 316 SS Solid scrap prices were flat on March 18th, 2019.

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

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China declined on Index.

Brass Radiator scrap prices dropped by CNY 300 per MT on March 18th, 2019.

Red Brass and Yellow Brass prices too were down by CNY 300 per MT each on Index.

                                                                             

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