Chinese Scrap Market Shows Stable Pricing Across Key Grades on the Index – February 23, 2026
Daily Scrap Metal Price Report | 2026-02-24 11:20:24
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, February 23, 2026.
§ Copper: Prices held steady
§ Aluminum: Recorded no variation
§ Brass/Bronze: Followed a flat trend
§ Stainless Steel: Witnessed no change
§ Steel: Remained stable
Copper Scrap Prices
#1 Copper Bare Bright and #1 Copper Wire and Tubing prices remained unchanged from the previous day.
#2 Copper Wire and Tubing prices also held flat on the Index.
#1 Insulated Copper Wire (85% Recovery) recorded no price movement, while #2 Insulated Copper Wire (50% Recovery) showed no variation compared to the prior day.
Copper Transformer and Cu Yokes scrap prices continued to hold steady on the Index.
Cu/Al Radiator prices registered no fluctuation from the previous day.
Harness Wire (35% Recovery) prices remained stable as of Monday, February 23, 2026.
Heater Cores prices were unchanged on the Index.
Scrap Electric Motors and Sealed Units prices also recorded no change.
Aluminum Scrap Prices
6063 Extrusions prices remained unchanged from the previous day.
Aluminum Ingots prices were also flat on the Index.
Aluminum Radiators and Aluminum Transformers recorded no price movement.
E.C. Aluminum Wire prices registered no change on the Index.
Old Cast and Old Sheet prices held steady as of February 23, 2026.
UBC and Zorba 90% INF prices likewise recorded no change compared to the prior day.
Steel Scrap Prices
#1 HMS prices remained steady as of February 23, 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, February 23, 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 February 23, 2026.
· Brass Radiator: Held steady
· Red Brass: Followed a flat trend
· Yellow Brass: Recorded no change
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What is the most likely reason for the flat trend in Chinese scrap prices?
Frequently Asked Questions
- What was the overall trend in Chinese scrap prices on February 23, 2026?
The market recorded a completely flat trend across all major scrap categories.
- Did copper scrap prices change?
No. All listed copper grades, including #1 Bare Bright and #2 Copper Wire and Tubing, remained unchanged.
- Were there any fluctuations in stainless steel scrap prices?
No. Grades including 201 SS, 304 SS, 309 SS, 310 SS, and 316 SS held steady.
