BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index as on February 3rd, Friday. Steel and Aluminum scrap prices remained unchanged over the previous day. Copper, and Stainless Steel scrap prices recorded marginal decline. Brass/Bronze scrap prices witnessed no change from the previous day.
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 150 per MT each.
The price of #2 Copper Wire and Tubing also decreased by CNY 150 per MT.
#1 Insulated Copper Wire 85% Recovery prices have dropped by CNY 50 per MT on Index. The price of #2 Insulated Copper Wire 50% Recovery prices recorded no change over the previous day.
Copper Transformer and Cu Yokes scrap prices saw no change in prices over the previous day.
Cu/Al Radiator prices recorded no change from the prior day.
Harness Wire 35% Recovery prices held steady on Friday, February 3rd, 2023.
Heater Cores prices were unchanged on Index.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged.
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.
Old Cast prices too were flat on 3rd February, 2023.
The prices of Old Sheets and UBC held steady on Index.
Zorba 90% INF prices saw no change from the previous day.
#1 HMS prices held steady on 3rd February, 2023.
Cast Iron Scrap reported no change in prices.
201 SS prices were unchanged on Index.
304 SS Solid and 304 SS Turning saw dip in prices by CNY 50 per MT each on Index.
309 SS and 316 SS Solid prices dropped by CNY 100 per MT each when compared with the prior day.
310 SS scrap prices were down by CNY 150 per MT on February 3rd, 2023.
Shred SS prices too saw decline by CNY 50 per MT over the day.
The Brass/Bronze Scrap prices in China held steady on Index.
Brass Radiator scrap prices were unchanged on February 3rd, 2023.
Red Brass and Yellow Brass prices were flat on Index.
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