Chinese Scrap Metal Prices Register Decline Across Categories on the Index – April 30, 2026
Daily Scrap Metal Price Report | 2026-05-01 08:04:32
Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Thursday, April 30, 2026, compared with the previous day.
Summary Broad Decline: Copper, aluminum, brass/bronze, and stainless steel scrap prices recorded day-on-day drops across multiple categories.Copper Leads Losses: Key copper grades fell sharply, with major categories dropping up to CNY 650 per MT.Steel Stable: Steel scrap prices, including HMS and cast iron, remained unchanged amid broader market weakness.BEIJING (Scrap Monster): Chinese scrap metal prices posted notable decline on the ScrapMonster Price Index as of Thursday, April 30, 2026.
Copper : Witnessed strong downward momentum Aluminum : Broad-based declines across all categories Brass/Bronze : Recorded declining trendStainless Steel : Steep day-on-day drop Steel : Remained stable without any change Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Thursday, April 30, 2026, compared with the previous day.
#1 Copper Bare Bright and #1 Copper Wire and Tubing : down by CNY 650 per MT each #2 Copper Wire and Tubing : decreased by CNY 650 per MT #1 Insulated Copper Wire (85% Recovery): fell by CNY 300 per MT #2 Insulated Copper Wire (50% Recovery): dropped by CNY 100 per MT Copper Transformer Scrap and Cu Yokes: edged lower by CNY 50 per MT each Cu/Al Radiators: declined by CNY 100 per MT Heater Cores: decreased by CNY 250 per MT Harness Wire (35% Recovery): slipped by CNY 50 per MT Scrap Electric Motors and Sealed Units: down by CNY 50 per MT each Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on April 30, 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 each #1 HMS prices held steady as of April 30, 2026.
Cast Iron Scrap reported no change in prices.
Stainless steel scrap prices on the ScrapMonster Price Index registered slight day-on-day decline on Thursday, April 30, 2026.
201 SS: held steady on the Index304 SS Solid : witnessed no change304 SS Turning: remained flat without variation 309 SS: declined by CNY 50 per MT 310 SS: recorded a sharper fall of CNY 100 per MT 316 SS Solid: edged lower by CNY 50 per MT Shredded Stainless Steel: flat trendThe Brass/Bronze Scrap prices in China recorded a decline as of April 30, 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
POLLWhat is the primary driver behind the recent decline in Chinese scrap metal prices? Oversupply in scrap markets
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Seasonal slowdown in industrial activity
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Frequently Asked Questions What was the overall trend in Chinese scrap metal prices on April 30, 2026? Most scrap metal categories, including copper, aluminum, brass/bronze, and stainless steel, saw declines, while steel scrap prices remained stable.
Which scrap category saw the steepest decline? Copper scrap recorded the sharpest drops, with #1 Copper Bare Bright and #1 Copper Wire and Tubing falling by CNY 650 per MT.
What was the trend in stainless steel scrap prices? Stainless steel scrap prices showed a mixed but mostly downward trend, with some categories remaining flat and others declining slightly.