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Chinese Scrap Metal Prices Rise; Stainless Steel Slips on the Index– August 3, 2026

Daily Scrap Metal Price Report  |  2026-08-04 11:40:18

Copper and Brass/Bronze scrap prices edged higher. Stainless Steel scrap prices dropped, while Aluminum and Steel scrap prices held steady on the Index.

Summary
  • Copper leads gains: Most copper scrap grades climbed, with #1 Copper Bare Bright, #1 Copper Wire & Tubing, and #2 Copper Wire & Tubing up by CNY 500/MT.
  • Mixed market performance: Brass and bronze scrap prices increased modestly, while stainless steel scrap prices declined. Aluminum and steel scrap prices remained unchanged.
  • Selective price movements: 309 SS and 316 SS Solid fell CNY 50/MT, 310 SS dropped CNY 100/MT, whereas major aluminum and ferrous scrap grades showed no movement.

China Scrap Metal Prices: Copper and Brass Rise, Stainless Steel Slips

Chinese scrap metal prices posted modest, mixed movement on the ScrapMonster Price Index as of Monday, August 3, 2026. Copper and brass/bronze scrap edged higher, stainless steel scrap dropped, and aluminum and steel scrap held steady.

What Readers Should Know

  • Copper scrap prices recorded a broad-based surge on the Index.
  • Brass/Bronze scrap prices saw a widespread increase.
  • Stainless steel scrap prices edged lower.
  • Aluminum scrap prices held steady with no variation.
  • Steel scrap prices remained stable and unchanged.

Why Copper and Brass Scrap Prices Rose

Copper scrap prices saw broad-based gains on the China Copper Scrap Price Index. #1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 500 per MT compared with the previous day, while #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) increased by CNY 50 per MT. Copper Transformer scrap and Cu Yokes reported no change.

Cu/Al Radiator scrap jumped CNY 50 per MT, while Heater Cores gained CNY 200 per MT. Harness Wire (35% recovery), Scrap Electric Motors, and Sealed Units held steady.

Brass/Bronze scrap prices recorded a modest jump on the China Brass/Bronze Scrap Price Index. Brass Radiator, Red Brass, and Yellow Brass each increased by CNY 50 per MT.

Where Aluminum and Steel Held Steady

Aluminum scrap prices showed no movement on the China Aluminum Scrap Price Index. 6063 Extrusions, Aluminum ingot, Aluminum Radiators, and Aluminum Transformers were unchanged. E.C Aluminum Wire, Old Cast, Old Sheet, UBC, and Zorba 90% INF prices also saw no variation.

Steel scrap prices held steady on the China Steel Scrap Price Index. #1 HMS prices were unchanged compared with the previous day, and Cast Iron Scrap reported no change.

Why Stainless Steel Scrap Declined

Stainless steel scrap prices edged lower on the China Stainless Steel Scrap Price Index. 201 SS, 304 SS Solid, 304 SS Turning, and Shred SS held steady versus the previous day.

309 SS and 316 SS Solid inched lower by CNY 50 per MT each, while 310 SS declined by CNY 100 per MT.

How to Track Live China Scrap Prices

Full pricing data across copper, aluminum, brass/bronze, stainless steel, and steel grades is available on the ScrapMonster China Scrap Prices page. Readers can subscribe to Scrap Monster Live Scrap Prices for real-time updates.

People Also Ask

Which China scrap metal category rose the most on August 3, 2026?

Copper scrap led gains, with #1 Copper Bare Bright and #1 Copper Wire and Tubing each up CNY 500 per MT.

Did brass and bronze scrap prices increase in China?

Yes. Brass Radiator, Red Brass, and Yellow Brass each rose by CNY 50 per MT.

Which scrap category declined on the Index?

Stainless steel scrap edged lower, with 309 SS and 316 SS Solid down CNY 50 per MT, and 310 SS down CNY 100 per MT.

Did aluminum scrap prices change in China?

No. Aluminum scrap grades, including 6063 Extrusions and UBC, held steady with no variation.

Were steel scrap prices flat in China?

Yes. #1 HMS and Cast Iron Scrap both reported no change compared with the previous day.

Frequently Asked Questions


  • Which scrap metals recorded price increases in China on August 3, 2026?
  • Copper and brass/bronze scrap recorded gains. Copper prices rose across several key grades, while brass radiator, red brass, and yellow brass each increased by CNY 50 per MT.

  • Which scrap metal category declined in price?
  • Stainless steel scrap posted declines, with 309 SS and 316 SS Solid down CNY 50 per MT and 310 SS falling CNY 100 per MT.

  • Did aluminum and steel scrap prices change?
  • No. Aluminum scrap grades, including 6063 Extrusions, UBC, Old Cast, and Old Sheet, as well as steel grades such as #1 HMS and Cast Iron Scrap, remained stable.

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