BEIJING (Scrap Monster): The Chinese copper scrap prices declined sharply on ScrapMonster Price Index as on June 22nd, Wednesday. Aluminum, Stainless Steel and Brass/Bronze scrap prices dropped on Index when compared with the previous day. Meantime, Steel scrap prices held steady on Index.
#1 Copper Bare Bright prices were down sharply by CNY 950 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined heavily by CNY 950 per MT each.
#1 Insulated Copper Wire 85% Recovery prices have declined by CNY 500 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded a down move of $ 200 per MT over the previous day.
Copper Transformer scrap prices were down by CNY 100 per MT on Index.
Cu Yokes and Harness Wire 35% Recovery prices inched lower by CNY 100 per MT each, while Cu/Al Radiator scrap prices were down by CNY 200 per MT each.
Heater Cores prices too declined by CNY 400 per MT on Wednesday, June 22nd.
Meantime, Scrap Electric Motors and Sealed Units prices witnessed marginal decline by CNY 50 per MT on Index.
6063 Extrusions witnessed a dip by CNY 300 per Lb over the previous day.
Aluminum Ingots too were down by CNY 300 per MT on Index.
The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 150 per MT and CNY 300 per MT respectively.
E.C Aluminum Wire prices dipped by CNY 300 per MT on Index.
Old Cast prices too were down by CNY 300 per MT on 22nd June, 2022.
The prices of Old Sheets dropped by CNY 300 per MT on Index.
UBC and Zorba 90% INF prices too recorded a decline by CNY 150 per MT each from the previous day.
#1 HMS prices held steady on 22nd June, 2022.
Cast Iron Scrap too reported no change in prices.
201 SS scrap prices recorded a decline by CNY 200 per MT.
304 SS Solid and 304 SS Turning prices witnessed a decline by CNY 250 per MT each on Index.
309 SS and 316 SS prices dropped by CNY 350 per MT each when compared with the prior day.
310 SS Solid scrap prices dropped by CNY 400 per MT on June 22nd, 2022.
Shred SS prices too were down by CNY 250 per MT over the day.
The Brass/Bronze Scrap prices in China declined on Index.
Brass Radiator scrap prices were down by $100 per MT on June 22nd, 2022.
Red Brass and Yellow Brass prices too dropped by CNY 150 per MT each on Index.
Sell Your Junk Car for CashGet an instant quote for your car on ScrapMonster.com