Aluminum and Brass/Bronze scrap prices dropped on Index when compared with the previous day. Meantime, Stainless Steel and Steel scrap prices held steady on Index.
Copper Scrap Prices
#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined by CNY 200 per MT each.
#1 Insulated Copper Wire 85% Recovery prices have declined by CNY 100 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded no change over the previous day.
Copper Transformer and Cu Yokes prices were unchanged when matched with the prior day.
Harness Wire 35% Recovery prices too held steady from the previous day.
Cu/Al Radiator scrap and Heater Cores prices too witnessed no change on Wednesday, November 10th.
Also, Scrap Electric Motors and Sealed Units prices were flat on Index.
Aluminum Scrap Prices
6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day.
Aluminum Ingots too dropped by CNY 100 per MT.
The prices of Aluminum Radiators and Aluminum Transformers were down by CNY 50 per MT on Index.
E.C Aluminum Wire prices dropped by CNY 100 per MT on November 10th, 2021.
Old Cast and Old Sheet prices were down by CNY 100 per MT each.
UBC and Zorba 90% INF prices dropped by CNY 50 per MT each on Index.
Steel Scrap Prices
#1 HMS prices held steady on 10th 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 held steady when compared with the prior day.
310 SS Solid scrap prices were flat on November 10th, 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 flat on Index.
Brass Radiator scrap prices witnessed no change on November 10th, 2021.
Red Brass and Yellow Brass prices too held steady on Index.
Source By – ScrapMonster