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Daily Scrap Metal Price Report | 2026-02-10 01:30:43
Copper Transformer and Cu Yokes scrap prices edged higher by CNY 50 per MT and CNY 100 per MT respectively on the Index.
BEIJING (Scrap Monster): The Chinese scrap metal prices registered notable gains on the ScrapMonster Price Index as of Monday, February 9, 2026.
Copper, Aluminum, Brass/Bronze and Stainless Steel scrap prices recorded increase over the previous day. In contrast Steel scrap prices held steady on the Index.
The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed a jump in prices of CNY 1,750 per MT each over the previous day.
The price of #2 Copper Wire and Tubing also edged higher by CNY 1,750 per MT.
#1 Insulated Copper Wire 85% Recovery prices were up by CNY 850 per MT. The price of #2 Insulated Copper Wire 50% Recovery recorded a jump of CNY 300 per MT over the previous day.
Copper Transformer and Cu Yokes scrap prices edged higher by CNY 50 per MT and CNY 100 per MT respectively on the Index.
Cu/Al Radiator prices were up by CNY 300 per MT upon comparison with the prior day.
Harness Wire 35% Recovery prices inched up by CNY 100 per MT as of Monday, February 9, 2026.
Heater Cores prices were up by CNY 650 per MT on the Index.
Also, Scrap Electric Motors and Sealed Units prices increased marginally by CNY 50 per MT each on the Index.
6063 Extrusions witnessed a jump of CNY 200 per MT in prices over the previous day.
Aluminum Ingots prices also increased by CNY 200 per MT.
The prices of Aluminum Radiators and Aluminum Transformers were up by CNY 100 per MT each on the Index.
E.C Aluminum Wire prices inched higher by CNY 200 per MT on the Index.
Old Cast and Old Sheet prices were up by CNY 200 per MT as of February 9, 2026.
UBC and Zorba 90% INF prices increased by CNY 100 per MT each from the previous day’s price.
#1 HMS prices held steady as of February 9, 2026.
Cast Iron Scrap reported no change in prices.
310 SS prices recorded a jump of CNY 400 per MT as of Monday, February 9, 2026.
316 SS Solid prices were up by CNY 350 per MT over the previous day’s prices.
Shred SS prices reported an increase of CNY 200 per MT on the Index.
The Brass/Bronze Scrap prices in China recorded modest jump as of February 9, 2026.
Copper scrap led the rally, with key grades rising by as much as CNY 1,750 per MT in a single day.
Copper prices are likely to stay firm in the near term, supported by power grid expansion, EV manufacturing, and infrastructure spending.
Yes. A pickup in construction activity or restocking by steel mills could trigger a rebound in steel scrap prices in coming weeks.