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China Scrap Metal Prices Rise Broadly as Stainless Steel Slips on the Index
Copper, aluminum, and brass/bronze scrap prices advanced across the board on the ScrapMonster Price Index on Friday, August 7, 2026, while stainless steel scrap was the lone category to retreat. Steel scrap held flat for the day.
What Readers Should Know
- Copper, aluminum, and brass/bronze scrap prices rose on the China Index on August 7, 2026.
- Stainless steel scrap was the only category to move lower.
- Steel scrap held steady with no price changes on the day.
- Copper posted the day's largest gains, led by Bare Bright and Wire & Tubing grades.
- 310 SS scrap saw the steepest stainless steel decline, down CNY 150 per MT.
Why Prices Moved Higher
Chinese scrap metal prices mostly recorded notable gains across categories on the ScrapMonster Price Index as of Friday, August 7, 2026. Copper, aluminum, and brass/bronze scrap prices jumped compared with the previous day, while steel scrap remained steady. Stainless steel scrap prices inched lower.
Copper Scrap Leads the Rally
Copper scrap prices saw broad-based gains on the China Copper Scrap Price Index. #1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 1,150 per MT compared with the previous day. #2 Copper Wire and Tubing also rose by CNY 1,150 per MT.
#1 Insulated Copper Wire (85% recovery) climbed CNY 550 per MT, and #2 Insulated Copper Wire (50% recovery) increased CNY 200 per MT. Copper Transformer scrap and Cu Yokes each rose CNY 50 per MT.
Cu/Al Radiator scrap jumped CNY 200 per MT, while Harness Wire (35% recovery) edged up CNY 100 per MT. Heater Cores gained CNY 450 per MT, and Scrap Electric Motors and Sealed Units each rose CNY 50 per MT.
Aluminum Scrap Extends Gains
On the China Aluminum Scrap Price Index, 6063 Extrusions and Aluminum Ingots each rose CNY 200 per MT over the previous day. Aluminum Radiators and Aluminum Transformers were up CNY 100 per MT each.
E.C. Aluminum Wire, Old Cast, and Old Sheet each gained CNY 200 per MT. UBC and Zorba 90% INF prices rose CNY 100 per MT each from the previous day.
Steel Scrap Holds Steady
On the China Steel Scrap Price Index, #1 HMS prices held steady as of August 7, 2026, and Cast Iron Scrap reported no change.
Stainless Steel Is the Lone Decliner
Stainless steel scrap prices moved lower on the China Stainless Steel Scrap Price Index. 201 SS held steady. 304 SS Solid, 304 SS Turning, and Shred SS each declined CNY 50 per MT.
309 SS and 316 SS Solid dropped CNY 100 per MT each, while 310 SS was down CNY 150 per MT, the steepest decline of the day.
Brass and Bronze Scrap Also Gain
Brass/bronze scrap prices recorded a notable jump on the China Brass/Bronze Scrap Price Index. Brass Radiator increased CNY 100 per MT, while Red Brass and Yellow Brass each edged higher by CNY 200 per MT.
What Happens Next
With copper, aluminum, and brass/bronze scrap firming and only stainless steel pulling back, traders will be watching whether Friday's broad-based strength carries into the next session or whether stainless steel's softness spreads to other grades. Full pricing detail is updated daily on the ScrapMonster China Scrap Prices page.
People Also Ask
Which metal category posted the largest price gains in China on August 7, 2026?
Copper scrap led gains, with #1 Copper Bare Bright and #1 Copper Wire and Tubing each rising CNY 1,150 per MT.
Did stainless steel scrap prices rise or fall?
Stainless steel scrap prices fell, with 310 SS down CNY 150 per MT, the steepest decline in the category.
Were steel scrap prices affected by the day's movement?
No. #1 HMS and Cast Iron Scrap both held steady, unchanged from the previous day.
Which aluminum scrap grades increased in price?
6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast, and Old Sheet each rose CNY 200 per MT.
Did brass and bronze scrap prices move on the Index?
Yes. Red Brass and Yellow Brass each increased CNY 200 per MT, while Brass Radiator rose CNY 100 per MT.
