Chinese Scrap Metal Benchmarks Extend Market-wide Pause to a Fourth Straight Session – October 6, 2026
Daily Scrap Metal Price Report | 2026-10-07 06:40:37
Copper, aluminum, brass/bronze, stainless steel, and steel all held steady.
By Anil Mathews
BEIJING (Scrap Monster): Chinese scrap metal benchmarks showed no movement across all major categories on the ScrapMonster Price Index on Tuesday, October 6, 2026, extending the market-wide pause to a fourth consecutive session. Copper, aluminum, brass/bronze, stainless steel, and steel all held steady.
Copper: All quoted grades were unchanged for a third consecutive ScrapMonster session.
Aluminum: 6063 Extrusions, E.C. Aluminum Wire, UBC, Old Cast, and all other listed grades held steady.
Brass/Bronze: Red Brass, Yellow Brass, and Brass Radiator recorded no movement.
Stainless Steel: Every listed stainless grade remained flat.
Steel: #1 HMS and Cast Iron Scrap continued their recent stable trend.
Copper Scrap Prices
#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing maintained their previous benchmarks.
#1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery also recorded no movement.
Copper Transformer Scrap and Cu Yokes remained unchanged.
Cu/Al Radiators, Harness Wire 35% Recovery, and Heater Cores also held steady.
Scrap Electric Motors and Sealed Units recorded no day-over-day variation.
Aluminum Scrap Prices
6063 Extrusions and Aluminum Ingots held at their previous benchmarks.
Aluminum Radiators and Aluminum Transformers recorded no movement.
E.C. Aluminum Wire, Old Cast and Old Sheet remained unchanged.
UBC and Zorba 90% NF also held steady.
Steel Scrap Prices
#1 HMS and Cast Iron Scrap both recorded no change on October 6.
The two grades have also remained unchanged through the preceding sessions, extending the recent flat trend in China's listed ferrous scrap benchmarks.
Stainless Steel Scrap Prices
201 SS, 304 SS Solid, 304 SS Turning and 309 SS were unchanged.
310 SS and 316 SS Solid also held their previous-session benchmarks.
Shredded Stainless Steel recorded no movement.
Brass/Bronze Scrap Prices
Brass and bronze scrap benchmarks remained unchanged across all listed categories.
Red Brass and Yellow Brass held steady.
Brass Radiator Scrap also recorded no day-over-day movement.
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Which Chinese scrap category could move first after the prolonged period of stability?
Frequently Asked Questions
- What happened to Chinese scrap prices on October 6, 2026?
Chinese scrap metal benchmarks remained unchanged across all major categories tracked by the ScrapMonster Price Index. This extended the market-wide pause to four consecutive sessions.
- How did copper scrap prices perform?
Copper scrap prices recorded no movement for a third consecutive ScrapMonster session. #1 Copper Bare Bright, #1 and #2 Copper Wire and Tubing, insulated copper wire and other listed grades all maintained their previous benchmarks.
- Were Chinese steel scrap prices unchanged?
Yes. Both #1 HMS and Cast Iron Scrap recorded no change on October 6. Their continued stability extended the recent flat trend in China's listed ferrous scrap benchmarks.
