BEIJING (Scrap Monster): The Chinese copper scrap prices surged higher on ScrapMonster Price Index as on January 14th, Tuesday. Aluminum, Brass and Bronze scrap prices remained unchanged on Index. Stainless Steel scrap prices declined from the previous day. However, Steel scrap prices held steady.
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 150 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery edged higher by CNY 100 per MT when compared with the day before.
Copper Transformer scrap prices saw no variation in prices over the previous day. A price change of CNY 50 per MT was witnessed in Cu Yokes.
Cu/Al Radiator prices inched higher by CNY 100 per MT.
Harness Wire 35% Recovery and Heater Cores prices were up marginally by CNY 50 per MT and CNY 100 per MT respectively on Tuesday, January 14th.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged.
6063 Extrusions witnessed a decline of CNY 50 per MT over the previous day.
Aluminum Ingots too were down by CNY 50 per MT.
The prices of Aluminum Radiators and Aluminum Transformers saw no variation.
E.C Aluminum Wire prices registered marginal decline by CNY 50 per MT.
Old Cast and Old Sheet prices too were down by CNY 50 per MT each on 14th January, 2020.
The prices of UBC and Zorba 90% INF saw no change from the previous day.
#1 HMS prices held steady on 14th January, 2020.
Cast Iron Scrap too reported no change in prices.
201 SS prices declined by CNY 50 per MT.
304 SS Solid prices were down by CNY 100 per MT.
The price of 304 SS Turning dropped by CNY 100 per MT over the previous day.
309 SS and 310 SS prices witnessed decline of CNY 100 per MT and CNY 150 per MT respectively.
316 SS Solid scrap prices edged lower by CNY 100 per MT over the day on January 14th.
Shred SS prices too were down by CNY 100 per MT.
The Brass/Bronze Scrap prices in China surged higher on Index.
Brass Radiator scrap prices inched higher by CNY 50 per MT on January 14th, 2020.
Red Brass and Yellow Brass prices too were up by CNY 50 per MT each on Index.