15th June, 2020: Chinese Scrap Metal Prices Declined Substantially on Index
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Published on June 16,2020 12:54 PM Scrap Metals
E.C Aluminum Wire prices dropped by CNY 100 per MT.
15th June, 2020: Chinese Scrap Metal Prices Declined Substantially on Index

BEIJING (Scrap Monster): The Chinese Copper and Aluminum scrap prices declined modestly on ScrapMonster Price Index  as on June 15th, Monday. Stainless Steel, Brass and Bronze scrap prices witnessed slight decline on Index when compared with the previous day. Meantime, Steel scrap prices held steady over the day.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 900 per MT each.

The price of #2 Copper Wire and Tubing also decreased by CNY 900 per MT.

#1 Insulated Copper Wire 85% Recovery prices were down by CNY 500 per MT. The price of #2 Insulated Copper Wire 50% Recovery witnessed decline by CNY 200 per MT over the previous day.

Copper Transformer scrap prices edged down by CNY 50 per MT on Index.

Cu Yokes prices were down by CNY 100 per MT.

Cu/Al Radiator and Heater Cores prices recorded decline by CNY 200 per MT and CNY 400 per MT respectively on Index.

Harness Wire 35% Recovery prices dropped by CNY 100 per MT on Monday, June 15th.

Also, Scrap Electric Motors and Sealed Units prices dropped by CNY 50 per MT each on Index.

 Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day.

Aluminum Ingots too dropped by CNY 100 per MT.

The prices of Aluminum Radiators and Aluminum Transformers witnessed no change on Index.

E.C Aluminum Wire prices dropped by CNY 100 per MT.

Old Cast and Old Sheet prices witnessed decline by CNY 100 per MT each on June 15th, 2020.

UBC and Zorba 90% NF prices reported no change from the prior day.

Steel Scrap Prices

#1 HMS prices held steady on 15th June, 2020.

Cast Iron Scrap too 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 316 SS Solid prices dipped by CNY 50 per MT each when compared with the prior day.

310 SS scrap prices too were down by CNY 50 per MT on June 15th, 2020.

Shred SS prices too saw no variation in prices over the day.

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China declined on Index.

Brass Radiator scrap prices dropped by CNY 150 per MT on June 15th, 2020.

Red Brass and Yellow Brass prices too were down by CNY 150 per MT on Index.

                                                                             

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