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Scrap Prices February 06, 2015 12:30:40 PM

Market Update-5th Feb, 2015: Chinese Stainless steel scrap prices declined

Paul Ploumis
ScrapMonster Author
The Chinese Stainless Steel scrap prices mostly declined on February 5th , Thursday
Market Update-5th Feb, 2015: Chinese Stainless steel scrap prices declined

BEIJING (Scrap Monster) : The Chinese Stainless Steel scrap prices mostly declined on ScrapMonster Price Index  as on February 5th , Thursday.

201 SS prices declined by CNY 50 per MT to touch CNY 4,000 per MT.

304 SS Solid prices too were down by CNY 50 per MT.

The price of 304 SS Turning dropped by CNY 50 per MT over the previous day.

309 SS and 310 SS prices witnessed marginal decrease of CNY 50 per MT and CNT 100 per MT respectively.

316 SS Solid scrap prices edged lower by CNY 50 per MT over the day on February 5th.

Shred SS prices too were down by CNY 50 per MT to CNY 9,350 per MT.

Meantime, steel scrap prices held steady. The prices of #HMS scrap and Cast Iron scrap remained unchanged.

Shred Zinc scrap prices declined by CNY 100 per MT.

 

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