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Chinese Scrap Metal Prices See Slight Jump Across Key Categories on the Index – July 22, 2026

Daily Scrap Metal Price Report  |  2026-07-23 11:24:14

Copper, stainless steel, and brass/bronze scrap prices rose compared to the previous day, while steel and aluminum scrap prices remained steady on the Index.

Summary
  • Copper leads gains: Most copper scrap grades increased by CNY 50–400 per MT, with Bare Bright and #1/#2 Copper Wire & Tubing posting the strongest gains.
  • Stainless steel and brass strengthen: Stainless steel scrap rose by CNY 50–150 per MT, while Red Brass and Yellow Brass gained CNY 50 per MT.
  • Aluminum and steel steady: All major aluminum scrap grades and steel scrap prices remained unchanged on the ScrapMonster Price Index.

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

  • Copper: Broad-based surge

  • Aluminum: Witnessed no change

  • Brass/Bronze: Slight jump in prices

  • Stainless Steel: Widespread increase

  • Steel: Stable / unchanged

Copper, stainless steel, and brass/bronze scrap prices rose compared to the previous day, while steel and aluminum scrap prices remained steady on the Index.

Copper Scrap Prices

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

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 400 per MT compared to the previous day. Also, #2 Copper Wire and Tubing rose by CNY 400 per MT.

#1 Insulated Copper Wire with 85% recovery climbed CNY 200 per MT, and #2 Insulated Copper Wire (50% recovery) recorded an increase of CNY 50 per MT.

Copper Transformer scrap and Cu Yokes prices held steady over the previous day’s prices.

Cu/Al Radiator scrap prices jumped CNY 50 per MT, while Harness Wire (35% recovery) prices were unchanged on the Index.

Heater Cores gained CNY 150 per MT, whereas Scrap Electric Motors and Sealed Units prices witnessed no variation on the Index.

Aluminum Scrap Prices

6063 Extrusions witnessed no variation in prices over the previous day.

Aluminum Ingots prices also remained steady, without any change.

The prices of Aluminum Radiators and Aluminum Transformers were unchanged on the Index.

E.C Aluminum Wire prices were flat over the previous day.

Old Cast and Old Sheet prices reported no fluctuation as of July 22, 2026.

Also, UBC and Zorba 90% INF prices held steady from the previous day’s price.

Steel Scrap Prices

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

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

  • 201 SS, 304 SS Solid, 304 SS Turning: Saw an increase of CNY 50 per MT

  • 309 SS: Edged higher by CNY 100 per MT

310 SS prices were up by CNY 150 per MT as of Wednesday, July 22, 2026.

316 SS Solid prices recorded a jump of CNY 100 per MT over the previous day’s prices.

Meanwhile, Shred SS prices edged higher by CNY 50 per MT on the Index.

Brass/Bronze Scrap Prices

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

  • Brass Radiator: Held steady on the Index

  • Red Brass: Edged higher by CNY 50 per MT

  • Yellow Brass: Up by CNY 50 per MT

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Frequently Asked Questions


  • Which scrap category recorded the strongest price gains in China on July 22, 2026?
  • Copper scrap, with key grades such as #1 Copper Bare Bright and #1/#2 Copper Wire & Tubing rising by CNY 400 per MT.

  • Which stainless steel scrap grade posted the biggest increase?
  • 310 Stainless Steel scrap recorded the largest gain, rising CNY 150 per MT.

  • Which scrap categories remained unchanged?
  • Aluminum and steel scrap prices were largely unchanged across all major grades.

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