Chinese Stainless steel scrap prices gain on 2nd June, 2015

Published: Jun 03, 2015 16:49 (GMT+8)

Save

The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 2nd, Tuesday.

Author: Paul Ploumis03 Jun 2015 Last updated at 04:00:57 GMT

BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 2nd, Tuesday.

201 SS prices climbed higher by CNY 50 per MT to CNY 3,950 per MT.

304 SS Solid prices too increased by CNY 50 per MT over the previous day.

The price of 304 SS Turning witnessed a rise of CNY 50 per MT.

309 SS and 310 SS prices witnessed marginal increase of CNY 100 per MT each.

316 SS Solid scrap prices edged higher by CNY 100 per MT over the day on June 2nd.

Shred SS prices increased by CNY 50 per MT to CNY 9,100 per MT.

Meantime, steel scrap prices held steady. The prices of #HMS scrap and Cast Iron scrap remained unchanged.

Shred Zinc scrap prices too remained flat over the previous day.

Stainless Steel scrap prices Stainless Steel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

[SMM Flash News] South32 Revised Q4 '26 CIF MJP Premium Offer at US$265/mt

Market sources report: South32 revised Q4 '26 CIF MJP Premium Offer at US$265/mt, down from US$325/mt. Validity 5 October 2026.

10 hours ago

Oct 01, 2026 17:48 (GMT+8)

India ADC 12 Holds Firm as LME Aluminium Falls; Tight Scrap Supply Limits Downside

India ADC 12 prices remained relatively resilient despite a 1.2% decline in LME aluminium 3-month prices between September 24 and 30.

Oct 01, 2026 17:48 (GMT+8)

Oct 01, 2026 17:09 (GMT+8)

Rio Tinto Secures Bell Bay Smelter Operations Through End-2031

Rio Tinto announced on October 1 that it had reached agreements with the Tasmanian Government, the Australian Commonwealth Government and Hydro Tasmania to extend electricity supply to the Bell Bay aluminium smelter through the end of 2031. The two governments will also provide a combined A$200 million support package over five years, contributing A$100 million each. Commercial terms of the power agreement were not disclosed. Bell Bay produces around 190,000 tonnes of primary aluminium annually, while its existing electricity contract was due to expire at the end of 2026. The agreement removes the smelter’s immediate operational uncertainty. Bell Bay is the third major Australian aluminium smelter to receive government-backed support in 2026, following Boyne and Tomago, highlighting continued pressure from high electricity costs and international competition.

Oct 01, 2026 17:09 (GMT+8)