China Scrap Metal Prices Mixed: Copper Gains, Aluminum Falls on the Index– October 27, 2026
Daily Scrap Metal Price Report | 2026-10-28 02:22:17
6063 Extrusions and Aluminum Ingots prices each declined by CNY 50 per MT compared with the previous day.
By Anil Mathews
BEIJING (Scrap Monster): Chinese scrap metal prices showed a mixed trend on the ScrapMonster Price Index on Tuesday, October 27, 2026. Copper and brass/bronze scrap prices moved higher, while aluminum and stainless steel scrap prices declined. Steel scrap prices remained unchanged.
- Copper: Prices continued to climb, with clean copper grades recording gains of up to CNY 300 per MT.
- Aluminum: Prices fell by CNY 50 per MT across extrusion, E.C. wire, old cast and sheet grades.
- Stainless Steel: Selected grades dropped by CNY 50 per MT, with 310 stainless steel registering the steepest percentage decline.
- Brass/Bronze: Scrap prices edged higher on the Index.
- Steel: Prices for #1 HMS and cast iron scrap remained steady compared with the previous day.
Copper Scrap Prices
Copper scrap prices recorded modest gains on the ScrapMonster Price Index.
#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each rose by CNY 300 per MT from the previous day.
#1 Insulated Copper Wire (85% recovery) increased by CNY 150 per MT, while Heater Cores gained CNY 100 per MT.
Meanwhile, #2 Insulated Copper Wire (50% recovery) prices remained unchanged on the Index.
Copper Transformer scrap, Cu Yokes, Cu/Al Radiator scrap, and Harness Wire (35% recovery) also recorded no change. Scrap Electric Motors and Sealed Units prices held steady compared with the previous day.
Aluminum Scrap Prices
6063 Extrusions and Aluminum Ingots prices each declined by CNY 50 per MT compared with the previous day.
Aluminum Radiators and Aluminum Transformers prices remained unchanged on the ScrapMonster Price Index.
E.C. Aluminum Wire, Old Cast, and Old Sheet scrap prices also fell by CNY 50 per MT each.
Meanwhile, UBC and Zorba 90% INF prices held steady at their previous day's levels.
Steel Scrap Prices
#1 HMS prices held steady at the previous day's levels.
Cast Iron Scrap reported no change in prices.
Stainless Steel Prices
Prices for 201 SS, 304 SS Solid, and 304 SS Turning remained unchanged on the ScrapMonster Price Index.
Meanwhile, 309 SS and 316 SS Solid prices each declined by CNY 50 per MT, while 310 SS recorded a steeper drop of CNY 100 per MT.
Shred SS prices held steady compared with the previous day's levels.
Brass/Bronze Scrap Prices
Brass and bronze scrap prices in China recorded modest gains on the Index.
Brass Radiator prices remained unchanged from the previous day, while Red Brass and Yellow Brass each increased by CNY 50 per MT.
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Which scrap metal category recorded the strongest upward price movement in China on October 27, 2026?
Frequently Asked Questions
- How did Chinese scrap metal prices perform on October 27, 2026?
Chinese scrap metal prices recorded a mixed performance on the ScrapMonster Price Index. Copper and brass/bronze prices moved higher, while aluminum and selected stainless steel grades declined. Steel scrap prices remained unchanged compared with the previous trading session.
- Which copper scrap grades recorded the largest price increases?
#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each increased by CNY 300 per MT. Additionally, #1 Insulated Copper Wire with 85% recovery gained CNY 150 per MT, while Heater Cores rose by CNY 100 per MT. Several other copper scrap grades held steady.
- Which aluminum and stainless steel grades recorded price declines?
Aluminum prices fell by CNY 50 per MT across 6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast, and Old Sheet. In the stainless steel category, 309 SS and 316 SS Solid declined by CNY 50 per MT each, while 310 SS recorded a larger decrease of CNY 100 per MT.
