Market Update :Chinese copper scrap prices remained flat 24th May, 2016

By Anil Mathews (ScrapMonster Author)

May 25, 2016 03:10:20 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices remained flat on ScrapMonster Price Index  as on Tuesday, May 24th.

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 at CNY 22,250 per MT 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, May 24th.

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