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Chinese Scrap Metal Prices: Aluminum Falls CNY 800/MT, Copper Declines – November 10, 2026
Chinese scrap metal prices weakened on November 10, 2026, with all nine reported aluminum grades falling by CNY 400–800 per metric ton. Copper scrap also declined, while brass/bronze, stainless steel and steel benchmarks remained unchanged.
By Anil Mathews | Published: November 11, 2026 | Market data: November 10, 2026
Market at a Glance
Copper: ▼ CNY 50–100/MT across four grades; eight unchanged.
Aluminum: ▼ CNY 400–800/MT across all nine grades, led by 6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast and Old Sheet.
Brass/Bronze: → Unchanged across all three reported grades.
Stainless Steel: → Unchanged across all seven reported grades.
Steel: → Unchanged for #1 HMS and Cast Iron Scrap.
BEIJING (Scrap Monster): Chinese scrap metal buying benchmarks declined on Tuesday, November 10, 2026, led by widespread aluminum losses on the ScrapMonster Price Index.
Five aluminum grades fell CNY 800 per metric ton, while four others declined CNY 400/MT. Copper also weakened, with three major clean grades losing CNY 100/MT each. Brass/bronze, stainless steel and ferrous scrap benchmarks held steady.
ScrapMonster Edge: Aluminum Reverses Monday's Gains
Tuesday's aluminum decline was considerably larger than the previous session's recovery. All nine reported aluminum grades had gained CNY 50–150/MT on November 9, but fell CNY 400–800/MT on November 10. Copper also reversed direction, with three major clean grades losing CNY 100/MT after Monday's CNY 600/MT rebound.
Operator takeaway: The latest movements show how quickly short-term scrap buying benchmarks can reverse. Aluminum experienced broader declines than copper, while brass/bronze, stainless steel and steel recorded no additional adjustments. Buyers and processors should compare successive sessions using the same grade and reporting unit.
Copper Scrap Prices
▼ CNY 50–100/MT | Four grades declined; eight unchanged
Copper scrap prices moved lower across selected categories, with the three principal clean benchmarks recording identical declines.
▼ CNY 100/MT: #1 Copper Bare Bright, #1 Copper Wire and Tubing and #2 Copper Wire and Tubing.
▼ CNY 50/MT: #1 Insulated Copper Wire 85% Recovery.
Unchanged: #2 Insulated Copper Wire 50% Recovery, Copper Transformer, Cu Yokes, Cu/Al Radiator, Harness Wire 35% Recovery, Heater Cores, Scrap Electric Motors and Sealed Units.
Aluminum Scrap Prices
▼ CNY 400–800/MT | All nine reported grades declined
Aluminum recorded the broadest losses among the five monitored metal categories, with every reported grade declining from the previous session.
▼ CNY 800/MT: 6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast and Old Sheet.
▼ CNY 400/MT: Aluminum Radiators, Aluminum Transformers, UBC and Zorba 90% INF.
No unchanged aluminum grades were reported.
Brass/Bronze Scrap Prices
→ Unchanged | All three reported grades
Chinese brass and bronze scrap prices remained steady following the previous session's increases.
Unchanged: Brass Radiator Scrap, Red Brass and Yellow Brass.
Stainless Steel Scrap Prices
→ Unchanged | All seven reported grades
Stainless steel scrap prices held at their previous-day levels across the monitored categories.
Unchanged: 201 SS, 304 SS Solid, 304 SS Turning, 309 SS, 310 SS, 316 SS Solid and Shred SS.
Steel Scrap Prices
→ Unchanged | Both reported grades
Chinese ferrous scrap buying benchmarks remained stable on the Index.
Unchanged: #1 HMS and Cast Iron Scrap.
Pricing scope: This report presents day-over-day changes in ScrapMonster Chinese scrap buying benchmarks, expressed in Chinese yuan per metric ton (CNY/MT). Actual buying quotations vary by grade, recovery, material quality, region, quantity and buyer. Public price snapshots may be delayed; current proprietary Premium price levels are not disclosed.
