Chinese Aluminum and Brass scrap prices declined: Market Update-5th June, 2015

Author: Paul Ploumis
08 Jun 2015 Last updated at 07:48:49 GMT
BEIJING (Scrap Monster): The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on April 9th, Thursday.

6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day. Aluminum Ingots and Transformers prices declined by CNY 100 per MT each. E.C Aluminum Wire prices dropped by CN 100 per MT to touch CNY 12,850 per MT. Old Cast prices too witnessed a down move of CNY 100 per MT. The prices of Aluminum Radiators saw a down move of CNY 100 per MT. Old Sheet, UBC and Zorba 90% INF prices declined by CNY 100 per MT each from the previous day levels.

Meanwhile, Brass Radiator prices declined by CNY 150 per MT to touch CNY 32,300 per MT over the previous day. Red Brass and Yellow Brass prices dropped by CNY 100 per MT.

Also, Stainless steel scrap prices remained flat.

201 SS prices remained unchanged at CNY 3,900 per MT.

The prices of 304 SS Solid and 304 SS Turning too held steady.

309 SS, 310 SS, 316 SS Solid and Shred SS prices too witnessed no change on June 5th.