Chinese Scrap Metal Prices Fall Across Major Grades on the Index – June 16, 2026

BEIJING (Scrap Monster): Chinese scrap metal prices posted a notable decline on the ScrapMonster Price Index as of Tuesday, June 16, 2026.

• Copper: Witnessed strong downward momentum

• Aluminum: Broad-based declines across all categories

• Brass/Bronze: Recorded a declining trend

• Stainless Steel: Flat trend

• Steel: Remained stable without any change

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Tuesday, June 16, 2026, compared with the previous day.

• #1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 1,000 per MT each

• #2 Copper Wire and Tubing: decreased by CNY 1,000 per MT

• #1 Insulated Copper Wire (85% Recovery): fell by CNY 500 per MT

• #2 Insulated Copper Wire (50% Recovery): dropped by CNY 150 per MT

• Copper Transformer Scrap and Cu Yokes: edged lower by CNY 50 per MT each

• Cu/Al Radiators: declined by CNY 150 per MT

• Heater Cores: decreased by CNY 400 per MT

• Harness Wire (35% Recovery): slipped by CNY 50 per MT

• Scrap Electric Motors and Sealed Units: recorded a dip of CNY 50 per MT

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on June 16, 2026, reflecting a broad-based day-on-day decline.

• 6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 150 per metric ton each

• Aluminum Radiators and Aluminum Transformers: declined by CNY 50 per metric ton each

• E.C. Aluminum Wire: recorded a sharper drop of CNY 150 per metric ton

• Old Cast Aluminum and Old Sheet Aluminum: decreased by CNY 150 per metric ton each

• Used Beverage Cans (UBC) and Zorba 90% INF: posted comparatively smaller losses of CNY 50 per metric ton.

Steel Scrap Prices

#1 HMS prices held steady as of June 16, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index reported no variation on Tuesday, June 16, 2026.

• 201 SS: Held steady on the Index

• 304 SS Solid: Witnessed no change over the previous day’s price

• 304 SS Turning: Remained flat

• 309 SS: Reported no change

• 310 SS, 316 SS Solid, Shredded Stainless Steel: Flat trend

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded a decline as of June 16, 2026.

• Brass Radiator: Dipped by CNY 100 per MT

• Red Brass: Down by CNY 150 per MT

• Yellow Brass: Edged lower by CNY 150 per MT

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