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Scrap Prices June 12, 2023 08:00:05 PM

9th June, 2023: Chinese Scrap Metal Prices Recorded Mixed Trend on Index

Anil Mathews
ScrapMonster Author
The price of 304 SS Turning dipped lower by CNY 100 per MT on Index.
9th June, 2023: Chinese Scrap Metal Prices Recorded Mixed Trend on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices witnessed mixed trend on ScrapMonster Price Index  as on June 9th, Friday. Brass and Bronze scrap prices surged higher. Aluminum and Copper scrap prices too were up over the previous day.  Stainless Steel scrap prices registered decline on Index. Meantime, Steel scrap prices were unchanged compared with the day before.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing surged higher by CNY 500 per MT over the previous day.

The price of #2 Copper Wire and Tubing also were up by CNY 500 per MT.

#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 250 per MT. The price of #2 Insulated Copper Wire 50% Recovery was up by CNY 100 per MT over the previous day.

Copper Transformer and Cu Yokes prices inched higher by CNY 50 per MT each.

Cu/Al Radiator prices edged higher by CNY 100 per MT.

Harness Wire 35% Recovery prices were up by CNY 50 per MT on Friday, June 9th, 2023.

Also, Heater Cores prices rose by CNY 200 per MT.

Scrap Electric Motors and Sealed Units prices remained unchanged on Index.

Aluminum Scrap Prices

6063 Extrusions prices recorded an increase by CNY 200 per MT over the previous day.

Aluminum Ingots too were up by CNY 200 per MT on Index.

The prices of Aluminum Radiators and Aluminum Transformers edged higher by CNY 100 per MT each.

E.C Aluminum Wire prices surged higher by CNY 200 per MT on Index.

Old Cast and Old Sheet prices too increased by CNY 200 per MT each on 9th June, 2023.

The prices of UBC and Zorba 90% INF soared by CNY 100 per MT each from the previous day.

Steel Scrap Prices

#1 HMS prices held steady on 9th June, 2023.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were down by CNY 50 per MT on Index.

304 SS Solid prices too declined by CNY 100 per MT over the previous day.

The price of 304 SS Turning dipped lower by CNY 100 per MT on Index.

309 SS and 316 SS prices dropped by CNY 150 per MT each when compared with the prior day.

310 SS Solid scrap prices were down by CNY 200 per MT on June 9th, 2023.

Shred SS prices too decreased by CNY 100 per MT over the day.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China rose on Index.

Brass Radiator scrap prices inched higher by CNY 50 per MT on June 9th, 2023.

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

 

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