Chinese Scrap Metal Prices Post Broad Gains; Stainless Steel Falls on the Index– September 29, 2026
Daily Scrap Metal Price Report | 2026-09-30 06:48:51
#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 300 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 300 per MT.
By Anil Mathews
BEIJING (Scrap Monster): Chinese scrap metal prices mostly edged higher on the ScrapMonster Price Index as of Tuesday, September 29, 2026. Copper, aluminum, and brass/bronze scrap prices moved higher, while stainless steel scrap saw a slight decline. Meanwhile, steel scrap prices remained steady on the Index.
Copper Scrap Prices
Copper scrap prices gained across select categories on the Index.
#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 300 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 300 per MT.
#1 Insulated Copper Wire with 85% Recovery climbed CNY 150 per MT, while #2 Insulated Copper Wire with 50% Recovery edged higher by 50 per MT on the Index.
Cu/Al Radiator Scrap and Heater Cores prices jumped CNY 50 per MT and CNY 100 per MT, respectively, on the Index.
The rest of the scrap categories, including Copper Transformer Scrap, Cu Yokes, Harness Wire with 35% Recovery, Scrap Electric Motors, and Sealed Units, remained flat compared with the previous day.
Aluminum Scrap Prices
6063 Extrusions and Aluminum Ingots each increased CNY 100 per MT from the previous day.
Aluminum Radiators and Aluminum Transformers witnessed a jump of CNY 50 per MT each.
E.C. Aluminum Wire, Old Cast, and Old Sheet increased by CNY 100 per MT on the Index.
Meanwhile, UBC and Zorba 90% INF prices recorded a rise of CNY 50 per MT each from the previous day's prices.
Steel Scrap Prices
#1 HMS prices recorded no variation on the Index.
Cast Iron Scrap also recorded no change.
Stainless Steel Scrap Prices
201 SS, 304 SS Solid, 304 SS Turning, and Shred SS prices recorded no variation from the previous day's prices.
309 SS and 316 SS Solid prices dropped by CNY 50 per MT each.
Meanwhile, 310 SS posted a decline of CNY 100 per MT on the Index.
Brass/Bronze Scrap Prices
Brass and bronze scrap prices in China recorded an increase on the Index.
Brass Radiator scrap prices held steady, while Red Brass and Yellow Brass prices jumped by CNY 50 per MT each compared with the prior day’s prices.
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Which metal scrap category showed the strongest and most widespread price increases in China as of September 29, 2026?
Frequently Asked Questions
- How did copper scrap prices perform on the ScrapMonster Price Index?
Copper scrap prices showed notable strength across select categories, driven by a CNY 300 per MT jump in #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing. Insulated wire categories and radiator scraps also saw upward adjustments.
- What trend was observed in stainless steel scrap prices?
Stainless steel mostly faced downward pressure or remained flat. While varieties like 201 SS and 304 SS showed no variation, 309 SS and 316 SS Solid dropped by CNY 50 per MT, and 310 SS fell by CNY 100 per MT.
- Did steel and brass scrap prices experience any major changes?
Steel scrap prices remained completely steady with #1 HMS and Cast Iron Scrap showing zero variation. In contrast, brass and bronze segments saw increases, with Red Brass and Yellow Brass jumping by CNY 50 per MT each.
