Metal Price
Scrap Monster
Scrap Prices February 22, 2021 07:50:22 PM

19th February, 2021: Chinese Scrap Metal Prices Surged on Index

Anil Mathews
ScrapMonster Author
The prices of Old Sheets and UBC held steady on Index.

19th February, 2021: Chinese Scrap Metal Prices Surged on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices remained unchanged on ScrapMonster Price Index  as on February 19th, Friday. Brass, Bronze, and Copper Scrap prices too were up from the previous day. Stainless Steel scrap prices surged on Index. Meantime, Steel scrap prices held steady.

Copper Scrap Prices                                                             

The #1 Copper Bare Bright prices were up by CNY 900 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 900 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 900 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 400 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 200 per MT when compared with the day before.

Copper Transformer and Cu Yokes scrap prices edged higher by CNY 50 per MT and CNY 100 per MT respectively over the previous day.

Cu/Al Radiator prices inched higher by CNY 200 per MT on Index.

Harness Wire 35% Recovery prices surged higher by CNY 100 per MT.

Heater Cores were up by CNY 300 per MT on Friday, February 19th.

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

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 on Index.

Old Cast prices too were flat on 19th February, 2021.

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 19th February, 2021.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices edged higher by CNY 100 per MT on Index.

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

The price of 304 SS Turning inched higher by CNY 150 per MT on Index.

309 SS and 316 SS Solid scrap prices edged higher by CNY 200 per MT each when compared with the prior day.

310 SS prices were up by CNY 250 per MT on February 19th, 2021.

Shred SS prices edged higher by CNY 150 per MT.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded modest rise from the previous day.

Brass Radiator scrap prices edged higher by CNY 100 per MT on February 19th, 2021.

Red Brass and Yellow Brass prices too were up by CNY 150 per MT each.

 

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