BEIJING (Scrap Monster): The Chinese Copper and Brass/Bronze scrap prices declined modestly on ScrapMonster Price Index as on December 31st, Tuesday. Stainless Steel prices too dropped over the previous day. Aluminum scrap prices witnessed no change on Index. Meantime, Steel scrap prices too held steady over the day.
#1 Copper Bare Bright prices were down by CNY 400 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 400 per MT each.
#1 Insulated Copper Wire 85% Recovery prices dropped by CNY 200 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 dropped by CNY 50 per MT each on Index.
Cu/Al Radiator prices dipped by CNY 100 per MT.
Harness Wire 35% Recovery prices were down by CNY 50 per MT on Tuesday, December 31st, 2019.
Heater Cores prices remained unchanged.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged on Index.
6063 Extrusions witnessed no change in prices over the previous day.
Aluminum Ingots too remained unchanged.
The prices of Aluminum Radiators and Aluminum Transformers saw no variation.
E.C Aluminum Wire prices remained unmoved on Index.
Old Cast prices too were flat on 31st December, 2019.
The prices of Old Sheets and UBC held steady on Index.
Zorba 90% INF prices saw no change from the previous day.
201 SS, 304 SS Solid and 304 SS Turning scrap prices witnessed no change on Index.
309 SS and 310 SS prices witnessed marginal decline by CNY 50 per MT and CNY 5 per MT respectively.
316 SS Solid scrap prices edged lower by CNY 50 per MT over the day on December 31st.
Shred SS prices witnessed no change on Index.
The Brass/Bronze Scrap prices in China recorded decline on Index.
Brass Radiator scrap prices dropped by CNY 100 per MT on December 31st, 2019.
Red Brass and Yellow Brass prices too were down by CNY 100 per MT each on Index.
