18 Mar 2014 Last updated at 05:20:56 GMT
BEIJING (Scrap Monster): The Chinese scrap prices saw good recovery on ScrapMonster Price Index as on Monday, March 17th. Shred Zinc prices witnessed marginal decline over the day.
#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire went higher by CNY 400 per MT. #1 Copper and #2 Copper prices too advanced by CNY 400 each per MT.
The prices of 201 Stainless Steel and 304 Stainless Steel remained flat. Also, 316 Stainless Steel prices saw no variation in prices. Meantime, Al/Cu Radiator scrap prices moved higher by CNY 100 per MT to reach CNY 25,300 per MT.
Cast Iron Scrap witnessed no change in price as on 17th March.
Nickel scrap prices advanced by CNY 100 per MT, to touch CNY 95,900 per MT.
Shred Zinc prices declined marginally by CNY 50 per MT.
Shred Zinc and Shred Stainless Steel prices remained flat over the day.