29th November, 2018: Chinese Copper Scrap Prices Rose Marginally
Scrap Prices | 2018-11-30 05:27:29
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 300 per MT each.
By Anil Mathews
BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index as on November 29th, Thursday. Steel, Brass and Bronze scrap prices held steady. Aluminum scrap prices too remained unchanged over the previous day. Copper scrap prices recorded marginal increase. Also, Stainless Steel scrap prices held steady on Index.
Copper Scrap Prices
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 300 per MT each.
The price of #2 Copper Wire and Tubing also increased by CNY 300 per MT.
#1 Insulated Copper Wire 85% Recovery prices were up by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery rose marginally by CNY 50 per MT when compared with the day before.
Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.
Cu/Al Radiator and Heater Cores prices inched higher by CNY 50 per MT each over the previous day.
Harness Wire 35% Recovery prices saw no change on Thursday, November 29th.
Also, Scrap Electric Motors and Sealed Units prices remained unchanged.
Aluminum Scrap Prices
6063 Extrusions witnessed no change in prices over the previous day.
Aluminum Ingots too remained unchanged.
The prices of Aluminum Radiators and Aluminum Transformers saw no variation.
E.C Aluminum Wire prices remained unmoved.
Old Cast prices too were flat on 29th November, 2018.
The prices of Old Sheets and UBC held steady on Index.
Zorba 90% INF prices saw no change from the previous day.
Steel Scrap Prices
#1 HMS prices held steady on 29th November, 2018.
Cast Iron Scrap reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices were unchanged on Index.
304 SS Solid prices too remained flat over the previous day.
The price of 304 SS Turning saw no change on Index.
309 SS and 310 SS prices held steady when compared with the prior day.
316 SS Solid scrap prices were flat on November 29th, 2018.
Shred SS prices too saw no variation in prices over the day.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China remained unchanged on Index.
Brass Radiator scrap prices held steady on November 29th, 2018.
Red Brass and Yellow Brass prices too were flat on Index.
