304 SS Solid and 304 SS Turning prices declined by CNY 150 per MT on Index.
BEIJING (Scrap Monster): The Chinese copper scrap prices declined sharply on ScrapMonster Price Index as on October 17th, Monday. Aluminum, Stainless Steel and Brass/Bronze scrap prices dropped on Index when compared with the previous day. Meantime, Steel scrap prices held steady on Index.
#1 Copper Bare Bright prices were down by CNY 1,800 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 1,800 per MT each.
#1 Insulated Copper Wire 85% Recovery prices have declined by CNY 900 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded a down move of CNY 500 per MT over the previous day.
Copper Transformer scrap prices were down by CNY 100 per MT on Index.
Cu Yokes and Harness Wire 35% Recovery scrap prices were down by CNY 100 per MT each.
Cu/Al Radiator scrap prices inched lower by CNY 500 per MT.
Heater Cores prices too declined by CNY 700 per MT on Monday, October 17th.
Meantime, Scrap Electric Motors and Sealed Units prices fell by CNY 100 per MT each over the previous day.
6063 Extrusions witnessed a dip by CNY 450 per Lb over the previous day.
Aluminum Ingots too were down by CNY 450 per MT on Index.
The prices of Aluminum Radiators and Aluminum Transformers recorded decline by CNY 200 per MT from the prior day.
E.C Aluminum Wire prices dipped by CNY 450 per MT on Index.
Old Cast prices too were down by CNY 450 per MT on 17th October, 2022.
The prices of Old Sheets dropped by CNY 450 per MT on Index.
UBC and Zorba 90% INF prices recorded decline by CNY 200 per MT from the previous day.
#1 HMS prices held steady on 17th October, 2022.
Cast Iron Scrap too reported no change in prices.
201 SS prices were down by CNY 100 per MT on Index.
304 SS Solid and 304 SS Turning prices declined by CNY 150 per MT on Index.
309 SS and 316 SS prices recorded dip by CNY 200 per MT each when compared with the prior day.
310 SS Solid scrap prices inched lower by CNY 250 per MT on October 17th, 2022.
Shred SS prices too were down by CNY 150 per MT over the day.
The Brass/Bronze Scrap prices in China declined on Index.
Brass Radiator scrap prices were down by CNY 100 per MT on October 17th, 2022.
Red Brass and Yellow Brass prices too dropped by CNY 150 per MT each on Index.
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