Chinese Scrap Metal Prices Mixed as Copper Falls, Stainless Steel Gains on the Index– April 29, 2026

BEIJING (Scrap Monster): Chinese scrap metal prices posted mixed performance on the ScrapMonster Price Index as of Wednesday, April 29, 2026.

• Copper: Strong downward momentum
• Aluminum: No variation on a dialy basis
• Brass/Bronze: Modest decline
• Stainless Steel: Edged higher
• Steel: Held steady

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Wednesday, April 29, 2026, compared with the previous day.

·         #1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 550 per MT each

·         #2 Copper Wire and Tubing: decreased by CNY 550 per MT

·         #1 Insulated Copper Wire (85% Recovery): fell by CNY 250 per MT

·         #2 Insulated Copper Wire (50% Recovery): dropped by CNY 100 per MT

·         Copper Transformer Scrap: saw a dip of CNY 50 per MT

·         Cu Yokes: edged lower by CNY 50 per MT

·         Cu/Al Radiators: declined by CNY 100 per MT

·         Heater Cores: decreased by CNY 200 per MT

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

·         Scrap Electric Motors and Sealed Units: edged lower by CNY 50 per MT each

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index recorded no variation on April 29, 2026, upon comparison with the previous day’s prices.

·         6063 Aluminum Extrusions and Aluminum Ingots: held steady

·         Aluminum Radiators and Aluminum Transformers: reported no variation

·         E.C. Aluminum Wire: was flat over the day

·         Old Cast Aluminum and Old Sheet Aluminum: recorded no fluctuation on a daily basis

·         Used Beverage Cans (UBC) and Zorba 90% INF: posted no change in prices from the day before

Steel Scrap Prices

#1 HMS prices held steady as of April 29, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index registered consistent day-on-day increases across key grades on Wednesday, April 29, 2026.

• 201 SS: increased by CNY 150 per MT
• 304 SS Solid: saw a jump of CNY 200 per MT
• 304 SS Turning: edged higher by CNY 200 per MT
• 309 SS: recorded an increase of CNY 250 per MT
• 310 SS: surged higher by CNY 350 per MT
• 316 SS Solid: edged higher by CNY 250 per MT
• Shredded Stainless Steel: up by CNY 200 per MT

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded a decline as of April 29, 2026.

• Brass Radiator: Dipped by CNY 50 per MT

• Red Brass: Down by CNY 100 per MT

• Yellow Brass: Edged lower by CNY 100 per MT

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