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Scrap Prices June 22, 2022 07:30:57 PM

21st June, 2022: Chinese Scrap Metal Prices Soared on Index

Anil Mathews
ScrapMonster Author
309 SS and 316 SS prices edged higher by CNY 200 per MT when compared with the prior day.

21st June, 2022: Chinese Scrap Metal Prices Soared on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on 21st June, Tuesday. Steel, Brass and Bronze scrap prices held steady. Copper scrap prices too remained unchanged over the previous day. Meantime, Aluminum and Stainless Steel scrap prices were up from the previous day.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices remained flat. 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 Tuesday, June 21st.

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

Aluminum Scrap Prices

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

Aluminum Ingots too were up by CNY 250 per MT.

Aluminum Radiators and Transformers prices inched higher by CNY 100 per MT each on Index.

E.C Aluminum Wire prices jumped higher by CNY 250 per MT.

The prices of Old Sheet and Old Cast witnessed rise of CNY 250 per MT each on June 21st, 2022.

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

Steel Scrap Prices

#1 HMS prices held steady on June 21st, 2022.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices surged higher by CNY 150 per MT on Index.

304 SS Solid prices too inched higher by CNY 150 per MT over the previous day.

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

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

310 SS Solid scrap prices were up by CNY 300 per MT on June 21st, 2022.

Shred SS prices too soared by CNY 150 per MT 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 June 21st, 2022.

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

 

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