May 30, 2025: Chinese Scrap Metal Prices Recorded Mixed Trend on the Index
June 02, 2025 07:50:26 PM
The price of 304 SS Turning held steady.
By Anil Mathews
BEIJING (Scrap Monster): The Chinese scrap metal prices recorded mixed trend on the ScrapMonster Price Index as of Friday, May 30, 2025. Copper, Aluminum and Brass/Bronze scrap prices recorded decline over the previous day. In contrast, Stainless Steel scrap prices edged higher over the day. Steel scrap prices held steady on the Index.
Copper Scrap Prices
The #1 Copper Bare Bright prices dipped by CNY 500 per MT over the previous day.
#1 Copper Wire and Tubing too saw price decline of CNY 500 per MT.
The price of #2 Copper Wire and Tubing also decreased by CNY 500 per MT.
#1 Insulated Copper Wire 85% Recovery prices recorded a fall of CNY 250 per MT on the Index. The price of #2 Insulated Copper Wire 50% Recovery prices also were down by CNY 100 per MT over the previous day.
Copper Transformer scrap prices held steady over the prior day’s prices.
Cu Yokes prices declined by CNY 50 per MT.
Cu/Al Radiator prices were down by CNY 100 per MT on the Index.
Harness Wire 35% Recovery prices dropped by CNY 50 per MT as of Friday, May 30, 2025.
Heater Cores prices dropped by CNY 200 per MT.
In the meantime, Scrap Electric Motors and Sealed Units prices held steady on the Index.
Aluminum Scrap Prices
6063 Extrusions witnessed a decline of CNY 100 per MT over the previous day.
Aluminum Ingots also were down by CNY 100 per MT.
The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 50 per MT each on the Index.
E.C Aluminum Wire prices edged lower by CNY 100 per MT.
Old Cast and Old Sheet prices also decreased by CNY 100 per MT each as of May 30, 2025.
The prices UBC and Zorba 90% INF recorded decline by CNY 50 per MT when compared with the previous day’s price.
Steel Scrap Prices
#1 HMS prices held steady as of Friday, May 30, 2025.
Cast Iron Scrap reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices were flat on the Index.
304 SS Solid prices also were unchanged over the previous day.
The price of 304 SS Turning held steady.
309 SS and 316 SS Solid prices were up by CNY 50 per MT each when compared with the prior day’s prices.
310 SS scrap prices increased by CNY 100 per MT as of May 30, 2025.
Shred SS prices witnessed no variation over the previous day.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China recorded minor decline on the Index.
Brass Radiator scrap prices were down by CNY 50 per MT as of May 30, 2025.
Red Brass and Yellow Brass prices dropped by CNY 100 per MT each when matched with the previous day’s prices.
