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Chinese Scrap Metal Market Holds Steady Across All Categories on the Index – October 7, 2026

Daily Scrap Metal Price Report  |  2026-10-08 11:30:28

Prices for #1 Copper Bare Bright and #1 Copper Wire & Tubing remained unchanged compared to the previous day.

Chinese Scrap Metal Market Holds Steady Across All Categories on the Index – October 7, 2026
Summary
  • Chinese scrap metal market remains flat
    Scrap metal prices across major categories showed no movement on the ScrapMonster Price Index on October 7, 2026. Copper, aluminum, steel, stainless steel, and brass/bronze all maintained their previous-day levels.
  • Copper and aluminum prices hold steady
    All major copper grades, including Bare Bright, insulated wire, transformers and motors, remained unchanged. Aluminum products such as 6063 extrusions, UBC, Zorba 90%, old cast and old sheet also recorded no price variation.
  • Ferrous and non-ferrous scrap see no change
    HMS and cast iron prices stayed flat, while all listed stainless steel grades and brass/bronze categories remained stable. The broad-based price stability indicates limited movement across China's scrap market.

Chinese Scrap Prices Hold Flat Across Major Metals

Chinese scrap metal buying benchmarks showed no day-over-day movement on October 7, with copper, aluminum, steel, stainless steel and brass/bronze all holding steady on the ScrapMonster Price Index.

By Anil Mathews
Published October 8, 2026
Market data: October 7, 2026

Key Points

  • Copper: All listed grades were unchanged from the previous session.
  • Aluminum: 6063 Extrusions, E.C. Aluminum Wire, UBC and other tracked grades held steady.
  • Steel: #1 HMS and Cast Iron Scrap recorded no change.
  • Stainless steel: All listed grades, including 304 SS Solid and 316 SS Solid, remained flat.
  • Brass/Bronze: Brass Radiator, Red Brass and Yellow Brass showed no movement.

BEIJING (Scrap Monster): Chinese scrap metal prices held steady on the ScrapMonster Price Index as of Wednesday, October 7, 2026, with no daily movement across the major copper, aluminum, steel, stainless steel and brass/bronze categories.

Copper Scrap Prices

Prices for #1 Copper Bare Bright and #1 Copper Wire & Tubing remained unchanged compared with the previous day. #2 Copper Wire & Tubing also held steady on the Index.

#1 Insulated Copper Wire (85% recovery) showed no price movement, while #2 Insulated Copper Wire (50% recovery) likewise remained flat.

Copper Transformer Scrap, Cu Yokes, Cu/Al Radiators, Harness Wire (35% recovery), Heater Cores, Scrap Electric Motors and Sealed Units all recorded no change.

Aluminum Scrap Prices

6063 Extrusions and Aluminum Ingots remained unchanged from the previous session. Aluminum Radiators and Aluminum Transformers also recorded no price movement.

E.C. Aluminum Wire, Old Cast, Old Sheet, UBC and Zorba 90% NF all held steady on the Index.

Steel Scrap Prices

#1 HMS and Cast Iron Scrap prices remained unchanged on the Index.

Stainless Steel Scrap Prices

Stainless steel benchmarks remained flat across all listed grades.

  • 201 SS prices remained stable.
  • 304 SS Solid held steady.
  • 304 SS Turning registered no change.
  • 309 SS followed a flat trend.
  • 310 SS remained unchanged.
  • 316 SS Solid held at the previous-session level.
  • Shredded Stainless Steel recorded no variation.

Brass/Bronze Scrap Prices

Brass and bronze scrap prices in China showed no day-over-day variation on the Index.

  • Brass Radiator prices held steady.
  • Red Brass followed a flat trend.
  • Yellow Brass recorded no change.

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Frequently Asked Questions


  • What was the overall trend in Chinese scrap metal prices on October 7, 2026?
  • Chinese scrap metal prices remained unchanged across the major categories tracked by the ScrapMonster Price Index. Copper, aluminum, steel, stainless steel, and brass/bronze all recorded flat prices compared with the previous session.

  • Did copper scrap prices change in China?
  • No. All listed copper scrap grades remained steady, including #1 Copper Bare Bright, #1 and #2 Copper Wire & Tubing, insulated copper wire, copper transformers, Cu/Al radiators, harness wire, heater cores, electric motors and sealed units.

  • What happened to steel and stainless steel scrap prices?
  • Steel scrap prices remained stable, with both #1 HMS and cast iron unchanged. Stainless steel grades, including 201 SS, 304 SS Solid, 304 SS Turning, 309 SS, 310 SS, 316 SS Solid and shredded stainless steel, also recorded no price changes.

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