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Scrap Prices November 27, 2020 07:15:55 PM

26th November, 2020: Chinese Scrap Metal Prices a Mixed Bag

Anil Mathews
ScrapMonster Author
Aluminum Ingots too remained unchanged.

26th November, 2020: Chinese Scrap Metal Prices a Mixed Bag

BEIJING (Scrap Monster): The Chinese copper scrap prices surged higher on ScrapMonster Price Index  as on November 26th, Thursday. Aluminum scrap prices held steady, whereas Brass and Bronze scrap prices surged higher on Index. Stainless Steel scrap prices declined from the previous day. Meantime, Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing prices edged higher by CNY 750 per MT each over the previous day.

The price of #2 Copper Wire and Tubing also was up by CNY 750 per MT.

#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 350 per MT. The price of #2 Insulated Copper Wire 50% Recovery was up by CNY 150 per MT over the previous day.

Copper Transformer scrap and Cu Yokes prices saw marginal uptick of CNY 50 per MT each on Index.

Cu/Al Radiator prices were up by CNY 150 per MT on Index.

Harness Wire 35% Recovery prices edged higher by CNY 50 per MT on Thursday, November 26th.

Heater Cores prices increased by CNY 250 per MT on Index.

Scrap Electric Motors and Sealed Units prices inched higher 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 26th 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 26th November, 2020.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices remained unchanged over the previous day.

304 SS Solid and 304 SS Turning prices remained unchanged over the previous day.

309 SS and 310 SS prices witnessed decrease of CNY 50 per MT and CNY 100 per MT respectively.

316 SS Solid scrap prices edged lower by CNY 50 per MT over the day on November 26th.

Shred SS prices witnessed no change from the prior day.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices increased by CNY 100 per MT on November 26th, 2020.

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

 

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