Chinese Scrap Metal Prices Report Mixed Trend on the Index– June 22, 2026
Daily Scrap Metal Price Report | 2026-06-23 11:19:01
In addition, 309 SS dropped by CNY 250 per MT, 310 SS fell by CNY 300 per MT, 316 SS Solid declined by CNY 250 per MT, and Shred SS moved lower by CNY 200 per MT.
By Anil Mathews
MONTREAL (Scrap Monster): Chinese scrap metal prices reported a mixed trend on the ScrapMonster Price Index on Monday, June 22, 2026, as gains in copper and aluminum grades were offset by weaker stainless steel pricing, while brass/bronze and steel scrap held steady.
Market Snapshot
Copper: Mostly higher, with key grades gaining by as much as CNY 150 per MT.
Aluminum: Broadly higher, with several benchmark grades up CNY 150 per MT.
Brass/Bronze: Held steady.
Stainless Steel: Lower across major grades, with declines ranging from CNY 150 to CNY 300 per MT.
Steel: Unchanged from the previous day.
Copper Scrap Prices Post Broad-Based Gains
Copper scrap prices moved higher across several key grades. #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each advanced by CNY 150 per MT from the previous day.
#1 Insulated Copper Wire 85% Recovery gained CNY 50 per MT, while #2 Insulated Copper Wire 50% Recovery remained flat. Cu/Al Radiator prices also held steady, while Heater Cores increased by CNY 50 per MT.
Copper Transformer scrap, Cu Yokes, Harness Wire 35% Recovery, Scrap Electric Motors, and Sealed Units remained unchanged on the Index.
Aluminum Scrap Prices Edge Higher
Aluminum scrap prices trended upwards across multiple grades. 6063 Extrusions, Aluminum Ingots, E.C Aluminum Wire, Old Cast, and Old Sheet each increased by CNY 150 per MT.
Meanwhile, Aluminum Radiators, Aluminum Transformers, UBC, and Zorba 90% INF recorded jumps of CNY 50 per MT from the prior day, indicating broad-based gains within the non-ferrous segment.
Steel Scrap Prices Hold Steady
Steel scrap prices remained unchanged on the day. #1 HMS and Cast Iron Scrap both traded flat, signaling a stable near-term pricing environment in the ferrous scrap segment.
Stainless Steel Scrap Records Sharper Declines
Stainless steel scrap prices moved lower across all major listed grades. 201 SS fell by CNY 150 per MT, while 304 SS Solid and 304 SS Turning each declined by CNY 200 per MT.
In addition, 309 SS dropped by CNY 250 per MT, 310 SS fell by CNY 300 per MT, 316 SS Solid declined by CNY 250 per MT, and Shred SS moved lower by CNY 200 per MT.
Brass and Bronze Scrap Prices Remain Unchanged
Brass and bronze scrap prices posted no variation on the Index. Brass Radiator, Red Brass, and Yellow Brass each held steady from the previous day.
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Frequently Asked Questions
- Which scrap metal segment recorded the strongest gains on 22nd June, 2026?
Copper and aluminum scrap posted the strongest gains, with several grades rising by up to CNY 150 per metric ton.
- Which copper grades saw the largest increase?
#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each increased by CNY 150 per MT.
- How did aluminum scrap prices perform?
Aluminum scrap prices moved higher across most grades, with 6063 Extrusions, Aluminum Ingots, E.C Aluminum Wire, Old Cast, and Old Sheet all gaining CNY 150 per MT.
