19th February, 2019: Chinese Scrap Metal Prices Rose Marginally

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on February 19^th, Tuesday. Steel, Brass and Bronze scrap prices held steady. Aluminum scrap prices too remained unchanged over the previous day. Copper scrap and Stainless Steel scrap prices recorded marginal increase.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 150 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 150 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 remained unchanged when compared with the day before.

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

Cu/Al Radiator and Heater Cores prices reported no change in prices over the previous day.

Harness Wire 35% Recovery prices saw no change on Tuesday, February 19^th.

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

Aluminum Scrap Prices

6063 Extrusions witnessed no change in prices over the previous day.

Aluminum Ingots too remained unchanged.

The prices of Aluminum Radiators and Aluminum Transformers saw no variation.

E.C Aluminum Wire prices remained unmoved.

Old Cast prices too were flat on 19^th February, 2019.

The prices of Old Sheets and UBC held steady on Index.

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

Steel Scrap Prices

#1 HMS prices held steady on 19^th February, 2019.

Cast Iron Scrap 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 Solid prices were up marginally by CNY 50 per MT each when compared with the prior day.

310 SS scrap prices too inched higher by CNY 100 per MT on February 19^th, 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 February 19^th, 2019.

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

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