2nd June, 2020: Chinese Scrap Metal Prices Declined on Index
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ScrapPrices
Published on June 03,2020 11:24 AM Scrap Metals
E.C Aluminum Wire prices dropped by CNY 100 per MT.
2nd June, 2020: Chinese Scrap Metal Prices Declined on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices remained unchanged on ScrapMonster Price Index  as on June 2nd, Tuesday. Steel, Brass and Bronze scrap prices held steady. Copper and Aluminum scrap prices registered decline over the previous day.  Stainless Steel scrap prices held flat on Index.

Copper Scrap Prices                

#1 Copper Bare Bright prices were down by CNY 50 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 50 per MT each.

#1 Insulated Copper Wire 85% Recovery prices held steady on Index over the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices remained unchanged over the previous day.

Copper Transformer and Cu Yokes scrap prices witnessed no change on Index.

Cu/Al Radiator prices held steady.Harness Wire 35% Recovery prices stood flat on Tuesday, June 2nd, 2020.

Heater Cores prices remained unchanged.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged 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 declined by CNY 50 per MT each.

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

Old Cast prices too witnessed a down move of CNY 100 per MT on 2nd June, 2020.

The prices of Old Sheets saw a down move of CNY 100 per MT.

UBC and Zorba 90% NF prices remained unchanged on Index.

Steel Scrap Prices

#1 HMS prices held steady on 2nd June, 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 saw no change on Index.

309 SS and 316 SS prices held steady when compared with the prior day.

310 SS Solid scrap prices were flat on June 2nd, 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 June 2nd, 2020.

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

 

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