26th June, 2017: Chinese scrap metal prices mostly flat on Index; Copper scrap surged

BEIJING (Scrap Monster): The Chinese aluminum scrap prices mostly remained unchanged on ScrapMonster Price Index  as on June 26^th, Monday. Steel and Stainless Steel scrap prices too held steady. Meantime, copper scrap prices surged higher over the previous day. Brass scrap and Bronze scrap prices too recorded marginal increase when matched with the previous day.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 1,100 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 1,100 per MT.

#1 Insulated Copper Wire 85% Recovery was up CNY 300 per MT to CNY 26,950 per MT. The price of #2 Insulated Copper Wire 50% Recovery went higher by CNY 200 per MT to touch CNY 23,100 per MT.

Copper Transformer scrap prices were up by CNY 100 per MT. An up move of CNY 100 per MT was witnessed in Cu Yokes.

Cu/Al Radiator prices increased by CNY 200 per MT over the day.

Harness Wire 35% Recovery and Heater Cores were up by CNY 100 per MT and CNY 200 per MT respectively on Monday, June 26^th.

Meantime, prices of Scrap Electric Motors and Sealed Units witnessed increase of CNY 50 per MT each over the previous day.

Aluminum Scrap Prices

The prices of 6063 Extrusions reported no change in prices. Aluminum Ingots too were unchanged at CNY 13,750 per MT.

Meantime, prices of Aluminum Radiators and Aluminum Transformers held steady on June 26^th, 2017.

The prices of E.C Aluminum Wire, Old Cast and Old Sheet recorded no change in prices when matched with the prior day.

UBC and Zorba 90% NF prices too were flat on Index.

Steel Scrap Prices

#1 HMS prices held steady at CNY 1,630 per MT on 26^th June, 2017.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS and 304 SS Solid prices remained flat on Index.

304 SS Turning too registered no change in daily prices.

309 SS and 310 SS prices were unchanged on June 26^th, 2017.

Meantime, 316 SS Solid and Shred SS prices prices held steady at CNY 10,000 per MT and CNY 8,600 per MT respectively.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China increased marginally on Index.

Brass Radiator scrap prices increased by CNY 150 per MT to touch CNY 29,950 per MT on June 26^th, 2017.

Red Brass and Yellow Brass prices too were up by CNY 200 per MT each.

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