Copper scrap prices recorded marginal decline. Brass, Bronze and Stainless Steel scrap prices witnessed no change from the previous day.
Copper Scrap Prices
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 300 per MT each.
The price of #2 Copper Wire and Tubing also decreased by CNY 300 per MT.
#1 Insulated Copper Wire 85% Recovery prices have dropped by CNY 150 per MT on Index. The price of #2 Insulated Copper Wire 50% Recovery prices saw no variation over the previous day.
Copper Transformer and Cu Yokes scrap prices saw no change in prices over the previous day.
Cu/Al Radiator prices inched Cu/Al Radiator prices remained unchanged.
Harness Wire 35% Recovery prices held steady on Tuesday, November 2nd.
Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.
6063 Extrusions witnessed no change in prices over the previous day.
Aluminum Ingots too remained unchanged.
The prices of Aluminum Radiators and Aluminum Transformers saw no variation.
E.C Aluminum Wire prices remained unmoved.
Old Cast prices too were flat on 2nd November, 2021.
The prices of Old Sheets and UBC held steady on Index.
Zorba 90% INF prices saw no change from the previous day.
Steel Scrap Prices
#1 HMS prices held steady on 2nd November, 2021.
Cast Iron Scrap reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices were unchanged on Index.
304 SS Solid prices too remained flat over the previous day.
The price of 304 SS Turning saw no change on Index.
309 SS and 316 SS prices held steady when compared with the prior day.
310 SS Solid scrap prices were flat on November 2nd, 2021.
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 on Index.
Brass Radiator scrap prices held steady on November 2nd, 2021.
Red Brass and Yellow Brass prices too were flat on Index.
Source By – ScrapMonster