28th May, 2020: Chinese Scrap Metal Prices Surged Higher on Index
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ScrapPrices
Published on May 29,2020 08:47 AM Scrap Metals
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 100 per MT each.
28th May, 2020: Chinese Scrap Metal Prices Surged Higher on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on May 28th, Thursday. Steel, Brass and Bronze scrap prices held steady. Aluminum and Copper scrap prices recorded marginal increase. Meantime, 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 100 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 100 per MT.

#1 Insulated Copper Wire 85% Recovery prices were unchanged over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too held steady 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 witnessed no change over the previous day.

Harness Wire 35% Recovery prices saw no change on Thursday, May 28th.

Also, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions edged higher by CNY 100 per MT over the previous day.

Aluminum Ingots too were up by CNY 100 per MT.

The prices of Aluminum Radiators and Aluminum Transformers saw no variation.

E.C Aluminum Wire prices inched higher by CNY 100 per MT.

Old Cast and Old Sheet prices recorded increase by CNY 100 per MT each on 28th May, 2020.

The prices of UBC edged higher by CNY 50 per MT on Index.

Zorba 90% INF prices saw no change from the previous day.

Steel Scrap Prices

#1 HMS prices held steady on 28th May, 2020.

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, 309 SS and 310 SS held steady when compared with the prior day.

316 SS Solid scrap prices were flat on May 28th, 2020.

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 May 28th, 2020.

Red Brass and Yellow Brass prices too were flat on Index.

 

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