28th June, 2024: Chinese Scrap Metal Prices Recorded Surge on Index
304 SS Solid and 304 SS Turning prices too were flat on Index.
BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index as on June 28th, Friday. Brass/Bronze and Copper Scrap prices too were up from the previous day. Stainless Steel scrap prices were flat on Index. Also, Steel scrap prices held steady from the prior day.
Copper Scrap Prices
The #1 Copper Bare Bright prices were up by CNY 700 per MT.
#1 Copper Wire and Tubing saw price rise of CNY 700 per MT each.
The price of #2 Copper Wire and Tubing also increased by CNY 700 per MT.
#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 350 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery soared by CNY 150 per MT when compared with the day before.
Copper Transformer scrap prices were up by CNY 50 per MT over the previous day. Cu Yokes prices too were up by CNY 50 per MT on Index.
Cu/Al Radiator and Harness Wire 35% Recovery prices recorded surge by CNY 150 per MT and CNY 50 per MT respectively over the day.
Heater Cores were up by CNY 250 per MT on Friday, June 28th, 2024.
Meantime, Scrap Electric Motors and Sealed Units prices soared by CNY 50 per MT each on Index.
Aluminum Scrap Prices
6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day.
Aluminum Ingots prices too were up by CNY 100 per MT.
Aluminum Radiators and Aluminum Transformers witnessed rise by CNY 50 per MT each on Index.
E.C Aluminum Wire prices inched higher by CNY 100 per MT.
Old Cast and Old Sheet prices jumped higher by CNY 100 per MT each on June 28th, 2024.
Meantime, UBC prices inched higher by CNY 50 per MT on Index.
Zorba 90%NF prices witnessed upward move by CNY 50 per MT over the day.
Steel Scrap Prices
#1 HMS prices held steady on 28th June, 2024.
Cast Iron Scrap too reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices were unchanged over the previous day.
304 SS Solid and 304 SS Turning prices too were flat on Index.
309 SS and 316 SS Solid scrap prices witnessed no change when compared with the prior day.
310 SS prices held steady on June 28th, 2024.
Shred SS prices posted no change on Index.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China edged higher from the previous day.
Brass Radiator scrap prices were up by CNY 50 per MT on June 28th, 2024.
Red Brass and Yellow Brass prices too increased by CNY 100 per MT each over the day.
Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.34 | $US/Lb |
| #1 Copper Bare Bright | 4.10 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.78 | $US/Lb |
| 6061 Extrusions | 0.69 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 385.00 | $US/MT |
| #1 Busheling | 405.00 | $US/MT |
| Electronics Scrap | ||