9th June, 2021: Chinese Scrap Metal Prices Rose Significantly on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on June 7^th, Wednesday. Brass, Bronze, and Copper Scrap prices remained unchanged 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 and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices remained flat. The price of #2 Insulated Copper Wire 50% Recovery held steady over the previous day.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices remained unchanged.

Harness Wire 35% Recovery prices held steady on Wednesday, June 9^th, 2021.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 150 per MT over the previous day.

Aluminum Ingots prices too were up by CNY 150 per MT.

Aluminum Radiators and Aluminum Transformers witnessed rise by CNY 50 per MT each on Index.

E.C Aluminum Wire prices inched higher by CNY 150 per MT.

Old Cast and Old Sheet prices jumped higher by CNY 150 per MT each on June 9^th, 2021.

Meantime, UBC  and Zorba 90%NF prices inched higher by CNY 50 per MT each on Index.

Steel Scrap Prices

#1 HMS prices held steady on 9^th June, 2021.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS scrap prices edged higher by CNY 100 per MT.

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

309 SS and 310 SS scrap prices edged higher by CNY 200 per MT and CNY 250 per MT respectively when compared with the prior day.

316 SS Solid prices were up by CNY 200 per MT on June 9^th, 2021.

Shred SS prices increased by CNY 150 per MT on Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China remained unchanged on Index.

Brass Radiator scrap prices held steady on June 9^th, 2021.

Red Brass and Yellow Brass prices too were flat on Index.

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