Brass, Bronze and Copper Scrap prices dipped from the previous day. Meantime, Stainless Steel and Steel scrap prices held steady.
Copper Scrap Prices
The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price decline of CNY 500 per MT each.
The price of #2 Copper Wire and Tubing also decreased by CNY 500 per MT.
#1 Insulated Copper Wire 85% Recovery prices have dropped by CNY 250 per MT on Index. The price of #2 Insulated Copper Wire 50% Recovery prices saw a decline by CNY 100 per MT over the previous day.
Copper Transformer scrap prices saw marginal dip by CNY 50 per MT on Index.
Cu Yokes scrap prices dropped by CNY 50 per MT each over the previous day.
Cu/Al Radiator prices inched lower by CNY 100 per MT on Index.
Harness Wire 35% Recovery prices dipped by CNY 50 per MT on Monday, November 1st, 2021.
Also, Heater Cores recorded decline by CNY 200 per MT.
Scrap Electric Motors and Sealed Units prices witnessed no change on Index.
Aluminum Scrap Prices
6063 Extrusions witnessed a rise of CNY 150 per MT over the previous day.
Aluminum Ingots prices too were up by CNY 150 per MT.
Aluminum Radiators and Aluminum Transformers edged higher by CNY 50 per MT each on Index.
E.C Aluminum Wire prices inched higher by CNY 150 per MT.
Old Cast and Old Sheet prices jumped higher by CNY 150 per MT each on November 1st, 2021.
Meantime, UBC and Zorba 90% NF prices surged higher by CNY 50 per MT each on Index.
Steel Scrap Prices
#1 HMS prices held steady on 1st November, 2021.
Cast Iron Scrap too 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 were unchanged when compared with the prior day.
310 SS Solid scrap prices were flat on November 1st, 2021.
Shred SS prices too saw no variation in prices over the day.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China recorded modest decline from the previous day.
Brass Radiator scrap prices inched lower by CNY 50 per MT on November 1st, 2021.
Red Brass and Yellow Brass prices were down by CNY 100 per MT each on Index.
Source By – ScrapMonster