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Scrap Prices November 24, 2021 11:25:53 PM

23rd November, 2021: Chinese Scrap Metal Prices Soared on Index

Anil Mathews
ScrapMonster Author
The price of 304 SS Turning saw an increase of CNY 150 per MT on Index.

23rd November, 2021: Chinese Scrap Metal Prices Soared on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on November 23rd, Tuesday. Brass, Bronze, Stainless Steel and Copper Scrap prices too were up from the previous day. Meantime, Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright prices were up by CNY 500 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 500 per MT each.

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

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 250 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 100 per MT when compared with the day before.

Copper Transformer scrap and Cu Yokes prices edged higher by CNY 50 per MT on Index.

Cu/Al Radiator and Heater Cores prices inched higher by CNY 100 per MT and CNY 150 per MT respectively.

Harness Wire 35% Recovery prices inched higher by CNY 50 per MT on Tuesday, November 23rd.

Meantime, Scrap Electric Motors and Sealed Units prices held steady on Index.

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 50 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 50 per MT.

Aluminum Radiators and Aluminum Transformers witnessed no change on Index.

E.C Aluminum Wire prices inched higher by CNY 50 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 50 per MT each on November 23rd, 2021.

Meantime, UBC and Zorba 90% NF prices witnessed no change on Index.

Steel Scrap Prices

#1 HMS prices held steady on 23rd November, 2021.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were up by CNY 100 per MT on Index.

304 SS Solid prices too reported a rise by CNY 150 per MT over the previous day.

The price of 304 SS Turning saw an increase of CNY 150 per MT on Index.

309 SS and 316 SS prices edged higher by CNY 250 per MT when compared with the prior day.

310 SS Solid scrap prices were up by CNY 350 per MT on November 23rd, 2021.

Shred SS prices too increased by CNY 150 per MT over the day.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices inched higher by CNY 50 per MT on November 23rd, 2021.

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

 

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Metal Test Magnet With Handle 18 lb N52 Grade Neodymium Rare Earth

Metal Test Magnet With Handle 18 lb N52 Grade Neodymium Rare Earth

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Industrial Test Magnet 30 lb N52 Grade Neodymium Rare Earth With Handle

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