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Scrap Prices June 24, 2024 07:50:04 PM

21st June, 2024: Chinese Scrap Metal Prices Declined on Index

Anil Mathews
ScrapMonster Author
The price of #2 Insulated Copper Wire 50% Recovery held steady over the previous day.

21st June, 2024: Chinese Scrap Metal Prices Declined on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices declined on ScrapMonster Price Index  as on Friday, June 21st, 2024. Copper and Aluminum scrap prices registered marginal decline on Index. Steel, Brass and Bronze scrap prices held steady. Also, Stainless Steel scrap prices were flat on Index.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed dip in prices by CNY 250 per MT each over the previous day.

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

#1 Insulated Copper Wire 85% Recovery prices dipped by CNY 100 per MT. 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 Friday, June 21st, 2024.

Heater Cores prices declined by CNY 100 per MT over the prior day.

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

Aluminum Scrap Prices

6063 Extrusions witnessed decline by CNY 150 per MT over the previous day.

Aluminum Ingots too were down by CNY 150 per MT.

The prices of Aluminum Radiators and Aluminum Transformers dropped by CNY 50 per MT each.

E.C Aluminum Wire prices dipped by CNY 150 per MT on Index.

Old Cast and Old Sheet prices too were down by CNY 150 per MT on 21st June, 2024.

The prices of UBC witnessed decline by CNY 50 per MT on Index.

Zorba 90% INF prices dropped by CNY 50 per MT from the previous day.

Steel Scrap Prices

#1 HMS prices held steady on 21st June, 2024.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were flat on Index.

304 SS Solid and 304 SS Turning prices were unchanged on Index.

309 SS and 316 SS Solid prices held steady when compared with the prior day.

310 SS Solid scrap prices witnessed no change on June 21st, 2024.

Shred SS prices too were flat 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, 2024.

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

 

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