Chinese Scrap Metal Prices Fall Across Most Grades on the Index – June 23, 2026

BEIJING (Scrap Monster): Chinese scrap metal prices posted a notable decline across major categories on the ScrapMonster Price Index as of Tuesday, June 23, 2026. Only stainless steel scrap recorded a positive trend, while steel scrap prices held steady.

• Copper: Witnessed strong downward momentum

• Aluminum: Broad-based declines across all categories

• Brass/Bronze: Recorded a declining trend

• Stainless Steel: Slight increase over the previous day

• Steel: Remained stable without any change

Copper Scrap Prices

Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Tuesday, June 23, 2026, compared with the previous day.

• #1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 1,300 per MT each

• #2 Copper Wire and Tubing: decreased by CNY 1,300 per MT

• #1 Insulated Copper Wire (85% Recovery): fell by CNY 650 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 500 per MT

• Harness Wire (35% Recovery): slipped by CNY 100 per MT

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

Aluminum Scrap Prices

Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on June 23, 2026, reflecting a broad-based day-on-day decline.

• 6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 600 per metric ton each

• Aluminum Radiators and Aluminum Transformers: declined by CNY 300 per metric ton each

• E.C. Aluminum Wire: recorded a sharper drop of CNY 600 per metric ton

• Old Cast Aluminum and Old Sheet Aluminum: decreased by CNY 600 per metric ton each

• Used Beverage Cans (UBC) and Zorba 90% INF: posted comparatively smaller losses of CNY 300 per metric ton.

Steel Scrap Prices

#1 HMS prices held steady as of June 23, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

Stainless steel scrap prices on the ScrapMonster Price Index registered a slight day-on-day increase on Tuesday, June 23, 2026.

• 201 SS: remained flat on the Index

• 304 SS Solid: Recorded no variation

• 304 SS Turning: held steady on the Index

• 309 SS: edged higher by CNY 50 per MT

• 310 SS: recorded a jump of CNY 100 per MT

• 316 SS Solid: edged higher by CNY 50 per MT

• Shredded Stainless Steel: witnessed no change over the previous day

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded a decline as of June 23, 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

Subscribe to Scrap Monster Live Scrap Prices