November 18, 2024: Chinese Aluminum Scrap Prices Dropped on the Index

BEIJING (Scrap Monster): The Chinese scrap metal prices except aluminum scrap prices remained unchanged on the ScrapMonster Price Index  as of Monday, November 18, 2024. Copper, Steel, Brass and Bronze scrap prices held steady. Also, Stainless Steel scrap prices were flat on the Index. In the meantime, Aluminum scrap prices recorded decline over the previous day.  

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices were unchanged. The price of #2 Insulated Copper Wire 50% Recovery recorded no change over the previous day.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices remained unchanged.

Harness Wire 35% Recovery prices held steady as of Monday, November 18, 2024.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions witnessed a dip of CNY 200 per MT over the previous day.

Aluminum Ingots also were down by CNY 200 per MT.

The prices of Aluminum Radiators and Aluminum Transformers dropped by CNY 100 per MT each.

E.C Aluminum Wire prices witnessed a decline of CNY 200 per MT on the Index.

Old Cast and Old Sheet prices too were down by CNY 200 per MT each as of November 18, 2024.

The prices of UBC and Zorba 90% INF inched lower by CNY 100 per MT each on the Index.

Steel Scrap Prices

#1 HMS prices held steady as of November 18, 2024.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were unchanged on the Index.

304 SS Solid prices too remained flat over the previous day.

The price of 304 SS Turning recorded saw no change.

309 SS and 316 SS prices held steady when compared with the prior day’s price.

310 SS Solid scrap prices were flat as of November 18, 2024.

Shred SS prices too saw no variation in prices over the day.        

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China remained unchanged.

Brass Radiator scrap prices held steady on November 18, 2024.

Red Brass and Yellow Brass prices also were flat on the Index.

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