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Daily Scrap Metal Price Report | 2026-02-26 06:55:27
Overall, the copper scrap market displayed consistent upward momentum across most categories.
BEIJING (Scrap Monster): The Chinese scrap metal prices recorded strong gains on the ScrapMonster Price Index as of Wednesday, February 25, 2026.
Copper, aluminum, brass/bronze, and stainless steel scrap prices rose compared to the previous day, while steel scrap prices remained steady on the Index.
Copper scrap prices saw broad-based gains on Wednesday, February 25, 2026.
#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged by CNY 1,250 per MT compared to the previous day, while #2 Copper Wire and Tubing also rose by CNY 1,250 per MT.
#1 Insulated Copper Wire with 85% recovery climbed CNY 600 per MT, and #2 Insulated Copper Wire (50% recovery) recorded an increase of CNY 250 per MT.
Other segments of the copper market saw moderate gains, with Copper Transformer scrap and Cu Yokes rising by CNY 50 per MT each.
Cu/Al Radiator scrap jumped CNY 250 per MT, while Harness Wire (35% recovery) inched up CNY 50 per MT.
Heater Cores gained CNY 500 per MT, and Scrap Electric Motors and Sealed Units prices also increased by CNY 50 per MT on the Index.
Overall, the copper scrap market displayed consistent upward momentum across most categories.
6063 Extrusions witnessed a jump of CNY 300 per MT in prices over the previous day.
Aluminum Ingots prices also increased by CNY 300 per MT.
The prices of Aluminum Radiators and Aluminum Transformers were up by CNY 150 per MT each on the Index.
E.C Aluminum Wire prices inched higher by CNY 300 per MT on the Index.
Old Cast and Old Sheet prices were up by CNY 300 per MT as of February 25, 2026.
UBC and Zorba 90% INF prices increased by CNY 150 per MT each from the previous day’s price.
#1 HMS prices held steady as of February 25, 2026.
Cast Iron Scrap reported no change in prices.
310 SS prices recorded a jump of CNY 250 per MT as of Wednesday, February 25, 2026.
316 SS Solid prices were up by CNY 200 per MT over the previous day’s prices.
Shred SS prices reported an increase of CNY 100 per MT on the Index.
The Brass/Bronze Scrap prices in China recorded modest jump as of February 25, 2026.
Copper scrap led the rally, especially Bare Bright and copper wire grades with CNY 1,250/MT increases.
Aluminum showed consistent upward movement, with 6063 Extrusions, Aluminum Ingots, and E.C. Aluminum Wire up by CNY 300/MT.
No. Steel scrap prices, including #1 HMS and Cast Iron, remained stable.