BEIJING (Scrap Monster): The Chinese copper scrap prices declined sharply on ScrapMonster Price Index as on April 20th, Wednesday. Aluminum, Stainless Steel and Brass/Bronze scrap prices dropped on Index when compared with the previous day. Meantime, Steel scrap prices held steady on Index.
#1 Copper Bare Bright prices were down sharply by CNY 550 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too declined heavily by CNY 550 per MT each.
#1 Insulated Copper Wire 85% Recovery prices have declined by CNY 250 per MT upon comparison with the previous day. The price of #2 Insulated Copper Wire 50% Recovery prices recorded a down move of $ 100 per MT over the previous day.
Copper Transformer scrap prices were down marginally by CNY 50 per MT on Index.
Cu Yokes and Harness Wire 35% Recovery scrap prices were down by CNY 50 per MT each.
Cu/Al Radiator scrap prices edged lower by CNY 100 per MT on Index.
Heater Cores prices too declined by CNY 200 per MT on Wednesday, April 20th.
Meantime, Scrap Electric Motors and Sealed Units prices witnessed no change on Index.
6063 Extrusions witnessed a dip by CNY 100 per Lb over the previous day.
Aluminum Ingots too were down by CNY 100 per MT on Index.
The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 50 per MT each.
E.C Aluminum Wire prices dipped by CNY 100 per MT on Index.
Old Cast prices too were down by CNY 100 per MT on 20th April, 2022.
The prices of Old Sheets dropped by CNY 100 per MT on Index.
UBC and Zorba 90% INF prices too recorded a decline by CNY 50 per MT from the previous day.
#1 HMS prices held steady on 20th April, 2022.
Cast Iron Scrap too reported no change in prices.
201 SS scrap prices recorded a decline by CNY 200 per MT.
304 SS Solid and 304 SS Turning prices witnessed a decline by CNY 250 per MT each on Index.
309 SS and 316 SS prices dropped by CNY 300 per MT each when compared with the prior day.
310 SS Solid scrap prices dropped by CNY 400 per MT on April 20th, 2022.
Shred SS prices too were down by CNY 250 per MT over the day.
The Brass/Bronze Scrap prices in China declined on Index.
Brass Radiator scrap prices were unchanged on April 20th, 2022.
Red Brass and Yellow Brass prices too dropped by CNY 50 per MT each on Index.
