By Anil Mathews (ScrapMonster Author)
December 18, 2015 03:05:11 AM
BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Dec 17th, Thursday.
6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 100 per MT each. E.C Aluminum Wire prices jumped higher by CNY 100 per MT to touch CNY 10,600 per MT. Old Cast prices too appreciated by CNY 100 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 100 per MT each. UBC and Zorba 90% INF prices too increased by CNY 100 per MT over the previous day.
Meanwhile, Brass Radiator prices declined by CNY 100 per MT over the previous day. Red Brass and Yellow Brass prices too dropped by CNY 100 per MT each.
Stainless steel scrap prices increased marginally on the Index.
201 SS prices were up by CNY 50 per MT.
The prices of 304 SS Solid, 304 SS Turning and 309 SS increased marginally by CNY 100 per MT each.
309 SS and Shred SS prices increased by CNY 100 per MT each from the previous day on Dec 17th, 2015.
310 SS and 316 SS Solid prices were up by CNY 150 per MT and CNY 100 per MT respectively.