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Metal Recycling News January 24, 2020 06:30:09 AM

23rd January, 2020: Chinese Scrap Metal Prices Posted Heavy Decline on Index

Anil Mathews
ScrapMonster Author
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 500 per MT each.

23rd January, 2020: Chinese Scrap Metal Prices Posted Heavy Decline on Index

BEIJING (Scrap Monster): The Chinese Copper scrap prices declined modestly on ScrapMonster Price Index  as on January 23rd, Thursday. Stainless Steel, Brass and Bronze scrap prices witnessed slight decline on Index when compared with the previous day. Meantime, Aluminum and Steel scrap prices held steady over the day.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 500 per MT each.

The price of #2 Copper Wire and Tubing also decreased by CNY 500 per MT.

#1 Insulated Copper Wire 85% Recovery prices were down by CNY 200 per MT. The price of #2 Insulated Copper Wire 50% Recovery prices too was down by CNY 100 per Mt over the previous day.

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

Cu/Al Radiators and Heater Cores prices were down by CNY 100 per MT each on Index.

Harness Wire 35% Recovery prices dropped by CNY 50 per MT on Thursday, January 23rd, 2020.

Meantime, Scrap Electric Motors and Sealed Units prices edged lower by CNY 50 per MT each.

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 23rd January, 2020.

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 23rd January, 2020.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices declined by CNY 50 per MT.

304 SS Solid prices too were down by CNY 100 per MT.

The price of 304 SS Turning dropped by CNY 100 per MT over the previous day.

309 SS and 310 SS prices witnessed decline by CNY 150 per MT and CNY 200 per MT respectively.

316 SS Solid scrap prices edged lower by CNY 150 per MT

Shred SS prices too were down by CNY 100 per MT.

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China declined on Index.

Brass Radiator scrap prices dropped by CNY 100 per MT over the previous day on January 23rd, 2020.

Red Brass and Yellow Brass prices were down by CNY 100 per MT each on Index.

                                                                             

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over the day on January 23rd, 2020.

Shred SS prices too were down by CNY 100 per MT.

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China declined on Index.

Brass Radiator scrap prices dropped by CNY 100 per MT over the previous day on January 23rd, 2020.

Red Brass and Yellow Brass prices were down by CNY 100 per MT each on Index.

                                                                             

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