29th January, 2019: Chinese Aluminum Scrap Prices Declined Marginally on Index

The Chinese scrap metal prices mostly remained unchanged as on January 29th, Tuesday. Steel, Brass and Bronze scrap prices held steady. Copper scrap prices too remained unchanged over the previous day. Also, Stainless Steel scrap prices remained flat on Index. Meantime, Aluminum scrap prices witnessed a sharp decline.

 

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices remained flat. The price of #2 Insulated Copper Wire 50% Recovery held steady over the previous day.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices remained unchanged.

Harness Wire 35% Recovery prices held steady on Tuesday, January 29th.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.

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 remained unchanged on Index.

E.C Aluminum Wire prices dropped by CNY 100 per MT.

Old Cast prices too witnessed a down move of CNY 100 per MT on 29th January 2019.

The prices of Old Sheets saw a down move of CNY 100 per MT.

UBC prices were down by CNY 50 per MT.

Zorba 90% NF prices recorded no change over the previous day.

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 310 SS prices held steady when compared with the prior day.

316 SS Solid scrap prices were flat on January 29th.

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

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