Chinese Scrap Metal Prices Show Modest Decline on the Index– February 26, 2026
Daily Scrap Metal Price Report | 2026-02-27 09:12:10
The price of #2 Copper Wire and Tubing also edged lower by CNY 200 per MT.
By Anil Mathews
BEIJING (Scrap Monster): The Chinese scrap metal prices recorded modest decline on ScrapMonster Price Index as of Thursday, February 26, 2026.
- Copper: Modest downward momentum
- Aluminum: Overall decline
- Brass/Bronze: Flat trend
- Stainless Steel: Sharp weekly decline
- Steel: Held steady
Copper Scrap Prices
The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed a decline in prices of CNY 200 per MT each over the previous day.
The price of #2 Copper Wire and Tubing also edged lower by CNY 200 per MT.
#1 Insulated Copper Wire 85% Recovery prices were down by CNY 100 per MT.
The price of #2 Insulated Copper Wire 50% Recovery recorded no variation over the previous day.
Copper Transformer and Cu Yokes scrap prices were unchanged on the Index.
Heater Cores prices dropped by CNY 50 per MT as of Thursday, February 26, 2026.
Cu/Al Radiator and Harness Wire 35% Recovery prices were flat upon comparison with the prior day’s prices.
Scrap Electric Motors and Sealed Units prices maintained previous day’s prices on the Index.
Aluminum Scrap Prices
6063 Aluminum Extrusions recorded a day-on-day price drop of CNY 50 per metric ton. Aluminum ingot prices also moved lower by CNY 50 per metric ton compared with the previous session.
Aluminum Radiator and Aluminum Transformer prices witnessed no change on the Index. E.C. Aluminum Wire prices registered marginal decline, falling by CNY 50 per metric ton as of February 26, 2026.
In the scrap market, both Old Cast aluminum and Old Sheet aluminum prices decreased by CNY 50 per metric ton as of the index assessment date. Meanwhile, Used Beverage Cans (UBC) and Zorba 90% INF grades registered no fluctuation from the prior day’s levels.
Steel Scrap Prices
#1 HMS prices held steady as of February 26, 2026.
Cast Iron Scrap reported no change in prices.
Stainless Steel Scrap Prices
- 201 SS: Witnessed a decline of CNY 50 per MT
- 304 SS Solid: Down by CNY 50 per MT
- 304 SS Turning: Recorded a downward movement by CNY 50 per MT
- 309 SS: Saw a dip of CNY 100 per MT
The price of 310 SS witnessed a decline of CNY 150 per MT on a daily basis.
316 SS Solid prices edged lower by CNY 100 per MT.
Also, Shred SS scrap prices were down by CNY 50 per MT as of Thursday, February 26, 2026.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China recorded no variation as of February 26, 2026.
- Brass Radiator: Witnessed no chnage
- Red Brass: Held steady
- Yellow Brass: Flat trend
Subscribe to Scrap Monster Live Scrap Prices
POLL
Which metal is most likely to recover first in China?
Frequently Asked Questions
- Which segment recorded the steepest daily fall?
Stainless steel scrap, particularly 310 SS (-CNY 150/MT) and 309 SS (-CNY 100/MT), posted the largest declines.
- Did aluminum scrap prices decline across all categories?
Most key grades such as 6063 Extrusions and Old Cast fell by CNY 50/MT, though UBC and Zorba remained unchanged.
- What was the trend in steel scrap prices?
#1 HMS and Cast Iron Scrap held steady, signaling stable ferrous fundamentals.
