Aluminum scrap prices declined on Index. Stainless Steel scrap prices registered decline from the previous day. Brass & Bronze scrap prices edged higher, whereas steel scrap prices held steady.
Copper Scrap Prices
The #1 Copper Bare Bright and #1 Copper Wire and Tubing prices edged higher by CNY 550 per MT each over the previous day.
The price of #2 Copper Wire and Tubing also was up by CNY 550 per MT.
#1 Insulated Copper Wire 85% Recovery prices were up by CNY 550 per MT. The price of #2 Insulated Copper Wire 50% Recovery surged higher by CNY 250 per MT over the previous day.
Copper Transformer scrap and Cu Yokes prices saw marginal increase by CNY 50 per MT on Index
Cu/Al Radiator prices were up by CNY 100 per MT on Index.
Harness Wire 35% Recovery prices edged higher by CNY 50 per MT on Thursday, October 28th.
Heater Cores prices increased by CNY 200 per MT on Index.
Scrap Electric Motors and Sealed Units prices remained unchanged.
Aluminum Scrap Prices
6063 Extrusions witnessed a decline of CNY 200 per MT over the previous day.
Aluminum Ingots too were down by CNY 200 per MT.
The prices of Aluminum Radiators and Aluminum Transformers were down by CNY 100 per MT each on Index.
E.C Aluminum Wire prices registered decline by CNY 200 per MT.
Old Cast and Old Sheet prices too were down by CNY 200 per MT each on 28th October, 2021.
The prices of UBC and Zorba 90% INF edged lower by CNY 100 per MT each from the previous day.
Steel Scrap Prices
#1 HMS prices held steady on 28th October, 2021.
Cast Iron Scrap too reported no change in prices.
Stainless Steel Scrap Prices
201 SS prices were down by CNY 150 per MT on Index.
304 SS Solid prices too declined by CNY 250 per MT over the previous day.
The price of 304 SS Turning dipped by CNY 250 per MT on Index.
309 SS and 316 SS prices dropped by CNY 350 per MT each when compared with the prior day.
310 SS Solid scrap prices were down by CNY 450 per MT on October 28th, 2021.
Shred SS prices too decreased by CNY 250 per MT over the day.
Brass/Bronze Scrap Prices
The Brass/Bronze Scrap prices in China surged higher from the previous day.
Brass Radiator scrap prices were up by CNY 50 per MT on October 28th, 2021.
Red Brass and Yellow Brass prices too increased by CNY 100 per MT each on Index.
Source By – ScrapMonster