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10th January, 2023: Chinese Scrap Metal Prices Saw Mixed Trend on Index

309 SS and 316 SS prices held steady when compared with the prior day.

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on January 10th, Tuesday. Brass, Bronze, and Copper Scrap prices too were up from the previous day. Meantime, Stainless Steel and Steel scrap prices held steady.

The #1 Copper Bare Bright prices were up by CNY 400 per MT.

#1 Copper Wire and Tubing saw price rise of CNY 400 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 400 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 200 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 50 per MT when compared with the day before.

Copper Transformer scrap and Cu Yokes prices witnessed no change on Index.

Cu/Al Radiators and Heater Cores prices inched higher by CNY 50 per MT and CNY 100 per MT respectively.

Harness Wire 35% Recovery prices were unchanged on Tuesday, January 10th.

Also, Scrap Electric Motors and Sealed Units prices held steady on Index.

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 witnessed rise 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 January 10th, 2023.

Meantime, UBC and Zorba 90%NF prices inched higher by CNY 50 per MT each on Index.

#1 HMS prices held steady on 10th January, 2023.

Cast Iron Scrap too reported no change in 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 January 10th, 2023.

Shred SS prices too saw no variation in prices over the day.        

The Brass/Bronze Scrap prices in China recorded modest rise from the previous day.

Brass Radiator prices increased by CNY 50 per MT on January 10th, 2023.

Red Brass and Yellow Brass prices were up by CNY 50 per MT each. 

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