BEIJING (Scrap Monster): As of Tuesday, October 29, 2024, Chinese copper scrap prices declined sharply on the ScrapMonster Price Index. Aluminum and Brass/Bronze scrap prices dropped when compared with the previous day. Stainless Steel scrap prices also recorded decline. In the meantime, Steel scrap prices held steady on the Index.
#1 Copper Bare Bright prices were down by CNY 300 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing also declined by CNY 300 per MT each.
#1 Insulated Copper Wire 85% Recovery prices registered a decline of CNY 150 per MT upon comparison with the previous day’s price. The price of #2 Insulated Copper Wire 50% Recovery prices recorded a downward movement of CNY 50 per MT over the previous day.
Copper Transformer scrap prices witnessed no change on the Index.
Cu Yokes and Harness Wire 35% Recovery scrap prices also were unchnaged.
Cu/Al Radiator scrap prices inched lower by CNY 50 per MT.
Heater Cores prices declined by CNY 100 per MT as of Tuesday, October 29, 2024.
Scrap Electric Motors and Sealed Units prices held steady over the previous day.
6063 Extrusions declined by CNY 50 per MT in prices over the previous day.
Aluminum Ingots also were down by CNY 50 per MT.
The prices of Aluminum Radiators and Aluminum Transformers recorded no variation on the Index.
E.C Aluminum Wire prices inched lower by CNY 50 per MT.
Old Cast and Old Sheet prices dropped by CNY 50 per MT each as of October 29, 2024.
The prices of UBC and Zorba 90% INF were flat from the previous day’s price.
#1 HMS prices held steady as of October 29, 2024.
Cast Iron Scrap also reported no change in prices.
201 SS prices were down by CNY 50 per MT.
304 SS Solid prices dropped by CNY 100 per MT over the previous day’s prices.
The price of 304 SS Turning also recorded a decline of CNY 100 per MT on the Index.
309 SS and 316 SS Solid prices dipped by CNY 150 per MT each when compared with the prior day.
310 SS scrap prices reported a decline of CNY 200 per MT as of October 29, 2024.
Shred SS prices also were down by CNY 100 per MT over the previous day’s price.
The Brass/Bronze Scrap prices in China recorded a decline.
Brass Radiator scrap prices were down by CNY 50 per MT as of October 29, 2024.
Red Brass and Yellow Brass prices too dropped by CNY 50 per MT each on the Index.
Subscribe to Scrap Monster Live Scrap Prices
Copper Scrap View All | |
Alternator | 0.37 (-0.01) |
#1 Copper Bare Bright | 3.91 (-0.12) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.73 (0) |
6061 Extrusions | 0.63 (0) |
Steel Scrap View All | |
#1 Bundle | 360.00 (0) |
#1 Busheling | 380.00 (0) |
Electronics Scrap View All |