BEIJING (Scrap Monster): The Chinese Copper and Aluminum scrap prices declined modestly on ScrapMonster Price Index as on January 20th, 2020. Brass/Bronze scrap prices too recorded decline on Index. Meantime, Steel and Stainless Steel scrap prices held steady over the day.
#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 too declined by CNY 300 per MT each.
#1 Insulated Copper Wire 85% Recovery prices dropped by CNY 150 per MT on Index over the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices were down by CNY 100 per MT over the previous day.
Copper Transformer and Cu Yokes scrap prices witnessed no change on Index.
Cu/Al Radiator prices were down by CNY 100 per MT.
Harness Wire 35% Recovery prices edged lower by CNY 50 per MT on Wednesday, February 26th, 2020.
Heater Cores prices were down by CNY 100 per MT.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged on Index.
6063 Extrusions witnessed a price decline of CNY 50 per MT over the previous day.
Aluminum Ingots too dropped by CNY 50 per MT.
The prices of Aluminum Radiators and Aluminum Transformers recorded no change in prices over the previous day.
E.C Aluminum Wire prices dropped by CNY 50 per MT.
Old Cast and Old Sheet prices too witnessed a down move of CNY 50 per MT each on 26th February, 2020.
Meantime, UBC and Zorba 90% NF prices remained unchanged.
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 February 26th, 2020.
Shred SS prices too saw no variation in prices over the day.
The Brass/Bronze Scrap prices in China recorded marginal decline on Index.
Brass Radiator scrap prices were down by CNY 50 per MT on February 26th, 2020.
Red Brass and Yellow Brass prices dropped by CNY 100 per MT each on Index.