Chinese Scrap Prices Slide on the Index Amid Sharp Drop in Copper Grades – June 16, 2026
Daily Scrap Metal Price Report | 2026-06-17 06:57:34
E.C. Aluminum Wire: recorded a sharper drop of CNY 150 per metric ton
By Anil Mathews
BEIJING (Scrap Monster): Chinese scrap metal prices posted a notable decline on the ScrapMonster Price Index as of Tuesday, June 16, 2026.
Copper: Witnessed strong downward momentum
Aluminum: Broad-based declines across all categories
Brass/Bronze: Recorded a declining trend
Stainless Steel: Flat trend
Steel: Remained stable without any change
Copper Scrap Prices
Copper scrap prices on the ScrapMonster Price Index declined across multiple categories on Tuesday, June 16, 2026, compared with the previous day.
#1 Copper Bare Bright and #1 Copper Wire and Tubing: down by CNY 1,000 per MT each
#2 Copper Wire and Tubing: decreased by CNY 1,000 per MT
#1 Insulated Copper Wire (85% Recovery): fell by CNY 500 per MT
#2 Insulated Copper Wire (50% Recovery): dropped by CNY 150 per MT
Copper Transformer Scrap and Cu Yokes: edged lower by CNY 50 per MT each
Cu/Al Radiators: declined by CNY 150 per MT
Heater Cores: decreased by CNY 400 per MT
Harness Wire (35% Recovery): slipped by CNY 50 per MT
Scrap Electric Motors and Sealed Units: recorded a dip of CNY 50 per MT
Aluminum Scrap Prices
Aluminum scrap prices on the ScrapMonster Price Index moved lower across most categories on June 16, 2026, reflecting a broad-based day-on-day decline.
6063 Aluminum Extrusions and Aluminum Ingots: fell by CNY 150 per metric ton each
Aluminum Radiators and Aluminum Transformers: declined by CNY 50 per metric ton each
E.C. Aluminum Wire: recorded a sharper drop of CNY 150 per metric ton
Old Cast Aluminum and Old Sheet Aluminum: decreased by CNY 150 per metric ton each
Used Beverage Cans (UBC) and Zorba 90% INF: posted comparatively smaller losses of CNY 50 per metric ton.
Steel Scrap Prices
#1 HMS prices held steady as of June 16, 2026.
Cast Iron Scrap reported no change in prices.
Stainless Steel Scrap Prices
Stainless steel scrap prices on the ScrapMonster Price Index reported no variation on Tuesday, June 16, 2026.
201 SS: Held steady on the Index
304 SS Solid: Witnessed no change over the previous day’s price
304 SS Turning: Remained flat
309 SS: Reported no change
310 SS, 316 SS Solid, Shredded Stainless Steel: Flat trend
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China recorded a decline as of June 16, 2026.
Brass Radiator: Dipped by CNY 100 per MT
Red Brass: Down by CNY 150 per MT
Yellow Brass: Edged lower by CNY 150 per MT
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POLL
Which scrap metal segment showed the strongest downward price movement in China on June 16, 2026?
Frequently Asked Questions
- What was the key trend in China's scrap market on June 16, 2026?
The market showed broad weakness, with copper, aluminum, and brass/bronze scrap prices declining, while steel and stainless steel prices remained stable.
- Which scrap category recorded the largest price decline?
Copper scrap, with #1 Copper Bare Bright, #1 Copper Wire & Tubing, and #2 Copper Wire & Tubing each falling by CNY 1,000 per metric ton.
- How did aluminum scrap prices perform?
Most aluminum grades declined, with losses ranging from CNY 50 to CNY 150 per metric ton.
