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Scrap Prices November 25, 2020 07:00:37 PM

Market Update: Chinese Scrap Metal Prices- 24.11.2020

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

Market Update: Chinese Scrap Metal Prices- 24.11.2020

BEIJING (Scrap Monster): The Chinese aluminum scrap prices remained unchanged on ScrapMonster Price Index  as on November 24th, Tuesday. Brass, Bronze, and Copper Scrap prices were up from the previous day. Meantime, Stainless Steel and Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright prices were up by CNY 800 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 800 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 800 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 400 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 150 per MT when compared with the day before.

Copper Transformer scrap prices were up marginally by CNY 50 per MT over the previous day. A similar rise of CNY 50 per MT was reported Cu Yokes prices.

Cu/Al Radiator and Harness Wire 35% Recovery prices inched higher by CNY 150 per MT and CNY 50 per MT respectively.

Heater Cores were up by CNY 300 per MT on Tuesday, November 24th.

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

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 24th November, 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 24th November, 2020.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were unchanged on Index.

304 SS Solid prices too remained flat over the previous day.

The price of 304 SS Turning saw no change on Index.

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

310 SS Solid scrap prices were flat on November 24th, 2020.

Shred SS prices too saw no variation in prices 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 saw rise of CNY 100 per MT on November 24th, 2020.

Red Brass and Yellow Brass prices too were up by CNY 150 per MT each.

 

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