Chinese Scrap Metal Index Slips as Copper, Aluminum, and Brass Prices Weaken – November 4, 2025

BEIJING (Scrap Monster): As of Tuesday, November 4, 2025, Chinese copper scrap prices recorded a modest decline on the ScrapMonster Price Index. Aluminum, Brass/Bronze scrap prices also dropped when compared with the previous day. In the meantime, Stainless Steel and Steel scrap prices held steady on the Index.

Copper Scrap Prices

#1 Copper Bare Bright prices were down by CNY 1,550 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing also declined by CNY 1,550 per MT each.

#1 Insulated Copper Wire 85% Recovery prices were down by CNY 750 per MT upon comparison with the previous day’s price. The price of #2 Insulated Copper Wire 50% Recovery dropped by CNY 300 per MT over the previous day.

Copper Transformer and Cu Yokes scrap prices inched lower by CNY 100 per MT each over the previous day’s prices.

Cu/Al Radiator prices dipped by CNY 300 per MT on the Index.

Harness Wire 35% Recovery prices were down by CNY 100 per MT over the previous day’s prices.

Heater Cores prices dropped by CNY 600 per MT as of Tuesday, November 4, 2025.

Scrap Electric Motors and Sealed Units prices recorded minor declines, falling by CNY 50 per MT over the previous day’s prices.

Aluminum Scrap Prices

6063 Extrusions prices were down by CNY 200 per MT over the previous day.

Aluminum Ingots also dropped by CNY 200 per MT on a daily basis.

The prices of Aluminum Radiators and Aluminum Transformers witnessed declines by CNY 100 per MT each on the Index.

E.C Aluminum Wire prices dropped by CNY 200 per MT on the Index.

Old Cast and Old Sheet prices also fell by CNY 200 per MT each as of November 4, 2025.

The prices of UBC and Zorba 90% INF were down by CNY 100 per MT each from the previous day’s price.

Steel Scrap Prices

#1 HMS prices held steady as of November 4, 2025.

Cast Iron Scrap also reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were flat on the Index.

304 SS Solid and 304 SS Turning prices were unchanged on the Index.

309 SS and 316 SS Solid prices witnessed no variation when compared with the prior day.

310 SS scrap prices also were stable as of November 4, 2025.

Shred SS prices recorded no change over the previous day’s price. 

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded slight decline on the Index.

Brass Radiator scrap prices reported a decline of CNY 200 per MT as of November 4, 2025.

Red Brass and Yellow Brass prices edged lower by CNY 300 per MT each on the Index.

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