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17th September, 2019: Chinese Scrap Metal Prices Declined Heavily on Index

Time:2019-09-18 15:36 Author:Suny Group

The Chinese Copper and Aluminum scrap prices declined modestly on ScrapMonster Price Index  as on September 17th, Tuesday. Stainless Steel scrap prices witnessed slight decline on Index when compared with the previous day. Meantime, Brass, Bronze and 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 200 per MT each.

The price of #2 Copper Wire and Tubing also decreased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices were down by CNY 50 per MT. The price of #2 Insulated Copper Wire 50% Recovery witnessed no change over the previous day.

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 remained flat on Index.

Harness Wire 35% Recovery prices held steady on Tuesday, September 17th.

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

 Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 300 per MT over the previous day.

Aluminum Ingots too dropped by CNY 300 per MT.

The prices of Aluminum Radiators and Aluminum Transformers edged lower by CNY 150 per MT and CNY 100 per MT respectively on Index.

E.C Aluminum Wire prices dropped by CNY 300 per MT.

Old Cast and Old Sheet prices witnessed decline by CNY 250 per MT each on September 17th, 2019.

UBC and Zorba 90% NF prices reported declines by CNY 100 per MT and CNY 50 per MT respectively over the previous day.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China remained unchanged on Index.

Brass Radiator scrap prices held steady on September 17th, 2019.

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