Chinese Scrap Market Sees Broad Price Stability Across Segments on the Index – May 4, 2026
Daily Scrap Metal Price Report | 2026-05-05 05:52:35
Copper Transformer and Cu Yokes scrap prices continued to hold steady on the Index.
By Anil Mathews
BEIJING (Scrap Monster): Chinese scrap metal prices remained unchanged on the ScrapMonster Price Index as of Monday, May 4, 2026.
- Copper: Prices remained steady
- Aluminum: Showed no change
- Brass/Bronze: Maintained a flat trend
- Stainless Steel: Saw no variation
- Steel: Stayed stable
Copper Scrap Prices
#1 Copper Bare Bright and #1 Copper Wire & Tubing prices remained unchanged from the previous day.
#2 Copper Wire & Tubing prices also stayed flat on the Index.
#1 Insulated Copper Wire (85% Recovery) saw no price movement, while #2 Insulated Copper Wire (50% Recovery) remained unchanged compared to the prior day.
Copper Transformer and Cu Yokes scrap prices continued to hold steady on the Index.
Cu/Al Radiator prices showed no fluctuation from the previous day.
Harness Wire (35% Recovery) prices remained stable as of Monday, May 4, 2026.
Heater Cores prices were unchanged on the Index.
Scrap Electric Motors and Sealed Units prices also registered no variation.
Aluminum Scrap Prices
6063 Extrusions prices remained unchanged from the previous day.
Aluminum Ingots prices also stayed flat on the Index.
Aluminum Radiators and Aluminum Transformers recorded no price movement.
E.C. Aluminum Wire prices showed no change on the Index.
Old Cast and Old Sheet prices held steady as of May 4, 2026.
UBC and Zorba 90% INF prices likewise remained unchanged compared to the prior day.
Steel Scrap Prices
#1 HMS prices remained steady as of May 4, 2026.
Cast Iron Scrap prices recorded no change.
Stainless Steel Scrap Prices
- 201 SS: Prices remained stable
- 304 SS Solid: Held steady
- 304 SS Turning: Registered no change
- 309 SS: Followed a flat trend
310 SS prices were unmoved as of Monday, May 4, 2026.
316 SS Solid prices were flat from the previous day’s prices.
Shred SS prices reported no variation on the Index.
Brass/Bronze Scrap Prices
Brass and Bronze scrap prices in China recorded no variation as of May 4, 2026.
- Brass Radiator: Held steady
- Red Brass: Followed a flat trend
- Yellow Brass: Recorded no change
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Frequently Asked Questions
- What is the overall trend in Chinese scrap metal prices?
Prices remained stable across all categories with no changes reported on the ScrapMonster Price Index.
- Which scrap categories showed no movement?
Copper, aluminum, steel, stainless steel, and brass/bronze all maintained flat pricing.
- Did any specific copper scrap grades change in price?
No, all major copper grades, including Bare Bright and insulated wires, remained unchanged.
