Brass, Bronze, and Copper Scrap prices too were up from the previous day. Stainless Steel scrap prices surged on Index. Meantime, Steel scrap prices held steady.
Copper Scrap Prices
The #1 Copper Bare Bright prices were up by CNY 200 per MT.
#1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.
The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.
#1 Insulated Copper Wire 85% Recovery prices were up by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery held steady when compared with the day before.
Copper Transformer scrap and CU Yokes prices were unchanged on Index.
Cu/Al Radiator and Harness Wire 35% Recovery prices witnessed no change over the day.
Heater Cores were up by CNY 50 per MT on Thursday, November 12th, 2021.
Meantime, Scrap Electric Motors and Sealed Units prices were flat on Index.
Aluminum Scrap Prices
6063 Extrusions witnessed a rise of CNY 50 per MT over the previous day.
Aluminum Ingots prices too were up by CNY 50 per MT.
Aluminum Radiators and Aluminum Transformers witnessed no change on Index.
E.C Aluminum Wire prices inched higher by CNY 50 per MT.
Old Cast and Old Sheet prices jumped higher by CNY 50 per MT each on November 12th, 2021.
Meantime, UBC and Zorba 90% NF prices were unchanged on Index.
Steel Scrap Prices
#1 HMS prices held steady on 12th November, 2021.
Cast Iron Scrap too reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices edged higher by CNY 50 per MT on Index.
304 SS Solid prices too were up by CNY 100 per MT over the previous day.
The price of 304 SS Turning saw rise by CNY 100 per MT on Index.
309 SS and 316 SS Solid scrap prices edged higher by CNY 150 per MT and CNY 200 per MT respectively when compared with the prior day.
310 SS prices were up by CNY 200 per MT on November 12th, 2020.
Shred SS prices increased by CNY 100 per MT over the day.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China recorded marginal increase from the previous day.
Brass Radiator scrap prices held steady on November 12th, 2021.
Red Brass and Yellow Brass prices inched higher by CNY 50 per MT each on Index.
Source By – ScrapMonster