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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 trend
  • Stainless Steel: Steep day-on-day drop
  • Steel: Remained stable without any change

Copper Scrap Prices

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

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

Steel Scrap Prices

#1 HMS prices held steady as of April 30, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap 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 Index
  • 304 SS Solid: witnessed no change
  • 304 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 trend

Brass/Bronze Scrap Prices

The 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

 

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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.

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