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Scrap Prices February 28, 2025 08:00:11 AM

February 27, 2025: Chinese Scrap Metal Prices Recorded Mixed Trend on the Index

Anil Mathews
ScrapMonster Author
Aluminum Ingots also were flat on the Index.
February 27, 2025: Chinese Scrap Metal Prices Recorded Mixed Trend on the Index

BEIJING (Scrap Monster): The Chinese scrap metal prices recorded mixed trend on the ScrapMonster Price Index  as of Thursday, February 27, 2025. Copper scrap prices recorded decline over the previous day. In contrast, Stainless Steel scrap prices edged higher on the Index. Meanwhile, Brass/Bronze, Aluminum and Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright prices dipped by CNY 100 per MT over the previous day.

#1 Copper Wire and Tubing too saw price decline of CNY 100 per MT.

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

#1 Insulated Copper Wire 85% Recovery prices recorded a decline of CNY 50 per MT on the Index. The price of #2 Insulated Copper Wire 50% Recovery prices were flat over the previous day.

Copper Transformer scrap prices held steady over the prior day’s prices.

Cu Yokes and Cu/Al Radiator prices witnessed no change on the Index.

Harness Wire 35% Recovery prices were unmoved as of Thursday, February 27, 2025.

Heater Cores prices were flat on the Index.

Also, Scrap Electric Motors and Sealed Units prices held steady on the Index.

Aluminum Scrap Prices

6063 Extrusions witnessed no change in prices over the previous day.

Aluminum Ingots also were flat on the Index.

The prices of Aluminum Radiators and Aluminum Transformers recorded no variation on the Index.

E.C Aluminum Wire prices held steady.

Old Cast and Old Sheet prices also witnessed no change as of February 27, 2025.

The prices UBC and Zorba 90% INF remained flat when compared with the previous day’s price.

Steel Scrap Prices

#1 HMS prices held steady as of Thursday, February 27, 2025.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were flat on the Index.

304 SS Solid prices also witnessed no change over the previous day.

The price of 304 SS Turning held steady when compared with the previous day’s price.

309 SS and 316 SS Solid prices reported an increase of CNY 50 per MT each when compared with the prior day’s price.

310 SS scrap prices inched higher by CNY 100 per MT as of February 27, 2025.

Shred SS prices reported no variation on the Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded no change on the Index.

Brass Radiator scrap prices were flat as of February 27, 2025.

Red Brass and Yellow Brass prices were unchanged when matched with the previous day’s prices.

 

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