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Chinese Scrap Metal Prices Rise Across Key Grades on the Index– April 22, 2026

Daily Scrap Metal Price Report  |  2026-04-23 05:49:58

Copper Transformer scrap and Cu Yokes reported no variation on the Index.

Summary
  • Copper leads rally: Major grades surged up to CNY 500/MT, showing strong market momentum.
  • Aluminum trends upward: Most categories posted steady gains between CNY 50–100/MT.
  • Mixed metals performance: Stainless steel and brass inched higher, while steel scrap prices remained unchanged.

BEIJING (Scrap Monster): The Chinese scrap metal prices recorded notable gains on the ScrapMonster Price Index as of Wednesday, April 22, 2026.

  • Copper: Broad-based surge
  • Aluminum: Consistent upward movement
  • Brass/Bronze: Slight increase
  • Stainless Steel: Edged higher
  • Steel: Stable / unchanged

Copper, aluminum, stainless steel and brass/bronze scrap prices rose compared to the previous day, while

steel scrap prices remained steady on the Index.

Copper Scrap Prices

Copper scrap prices saw broad-based gains on Wednesday, April 22, 2026.

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 500 per MT compared to the previous day. Also, #2 Copper Wire and Tubing rose by CNY 500 per MT.

#1 Insulated Copper Wire with 85% recovery climbed CNY 250 per MT, and #2 Insulated Copper Wire (50% recovery) recorded an increase of CNY 100 per MT.

Copper Transformer scrap and Cu Yokes reported no variation on the Index.

Cu/Al Radiator scrap jumped CNY 100 per MT, while Harness Wire (35% recovery) inched up CNY 50 per MT.

Heater Cores gained CNY 200 per MT, whereas Scrap Electric Motors and Sealed Units prices held steady on the Index.

In short, the copper scrap market displayed consistent upward momentum across most categories.

Aluminum Scrap Prices

6063 Extrusions witnessed a jump of CNY 100 per MT in prices over the previous day.

Aluminum Ingots prices also increased by CNY 100 per MT.

The prices of Aluminum Radiators and Aluminum Transformers were up by CNY 50 per MT each on the Index.

E.C Aluminum Wire prices inched higher by CNY 100 per MT on the Index.

Old Cast and Old Sheet prices were up by CNY 100 per MT as of April 22, 2026.

UBC and Zorba 90% INF prices increased by CNY 50 per MT each from the previous day’s price.

Steel Scrap Prices

#1 HMS prices held steady as of April 22, 2026.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

  • 201 SS: Recorded no variation
  • 304 SS Solid: Held steady
  • 304 SS Turning: Flat trend
  • 309 SS: Edged higher by CNY 50 per MT

310 SS prices recorded a jump of CNY 100 per MT as of Wednesday, April 22, 2026.

316 SS Solid prices were up by CNY 50 per MT over the previous day’s prices.

Shred SS prices held steady on the Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded modest jump as of April 22, 2026.

  • Brass Radiator: Increased by CNY 50 per MT
  • Red Brass: Edged higher by CNY 100 per MT
  • Yellow Brass: Up by CNY 100 per MT

 

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Frequently Asked Questions


  • Which scrap metal saw the biggest price increase?
  • Copper scrap recorded the highest gains, with key grades rising by up to CNY 500 per metric ton.

  • How did aluminum scrap perform?
  • Aluminum prices showed consistent growth, with most categories increasing between CNY 50 and CNY 100 per metric ton.

  • Were there any metals that remained stable?
  • Yes, steel scrap prices remained unchanged, and several stainless steel grades also showed flat trends.

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