26th July, 2021: Chinese Scrap Metal Prices Posted Notable Jump on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on July 26^th, Monday. Brass, Bronze, and Copper Scrap prices too were up from the previous day. Stainless Steel scrap prices surged on Index. Meantime, Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright prices were up by CNY 700 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 700 per MT each.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 350 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 250 per MT when compared with the day before. #2 Copper Wire and Tubing Prices were up by CNY 700 per MT.

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

Cu/Al Radiator prices inched higher by CNY 150 per MT.

Harness Wire 35% Recovery prices rose by CNY 50 per MT on Index.

Heater Cores were up by CNY 250 per MT on Friday, July 26^th.

Meantime, Scrap Electric Motors and Sealed Units prices too were up by CNY 50 per MT each on Index.

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 200 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 200 per MT.

Aluminum Radiators and Aluminum Transformers witnessed a rise of CNY 100 per MT each on Index.

E.C Aluminum Wire prices inched higher by CNY 200 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 200 per MT each on July 26^th, 2021.

Meantime, UBC and Zorba 90%NF prices were up by CNY 100 per MT each on Index.

Steel Scrap Prices

#1 HMS prices held steady on 26^th July, 2021.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices inched higher by CNY 100 per MT.

304 SS Solid and 304 SS Turning prices were up by CNY 150 per MT each on Index.

309 SS and 310 SS scrap prices edged higher by CNY 250 per MT and CNY 350 per MT respectively when compared with the prior day.

316 SS Solid prices were up by CNY 250 per MT on July 26^th, 2021.

Shred SS prices inched higher by CNY 150 per MT from the previous day.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices saw a rise by CNY 50 per MT on July 26^th, 2021.

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

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