Chinese Stainless steel scrap prices gain on 9th June, 2015

Published: Jun 11, 2015 10:21

Save

The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 9th, Tuesday.

Author: Paul Ploumis10 Jun 2015 Last updated at 06:28:02 GMT

BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly edged higher on ScrapMonster Price Index as on June 9th, Tuesday.

201 SS prices climbed higher by CNY 100 per MT to CNY 4,000 per MT.

304 SS Solid prices too increased by CNY 100 per MT over the previous day.

The price of 304 SS Turning witnessed a rise of CNY 100 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 150 per MT over the day on June 9th.

Shred SS prices increased by CNY 100 per MT to CNY 9,150 per MT.

Meantime, steel scrap prices edged higher slightly. The prices of #HMS scrap and Cast Iron scrap increased by CNY 20 per MT.

Shred Zinc scrap prices remained flat over the previous day.

Stainless Steel scrap prices Stainless Steel scrap 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

16 mins ago

Redstone tests copper and critical-mineral targets at West Musgrave

Redstone Resources is advancing copper and critical-mineral target testing at its West Musgrave holdings in Western Australia. The Tollu project hosts a JORC resource of 3.8 million tonnes at 1.0% copper, containing 38,000 tonnes of copper and 535 tonnes of cobalt. Reverse-circulation drilling is underway at the EM5, Cigar and Hiding Maggie targets. The 330-square-kilometre Saturn project sits in favourable regional structure, with the campaign focused on copper plus by-product cobalt and nickel to extend known mineralisation and confirm new prospects.

16 mins ago

17 mins ago

Copper One finishes Phase 1, prepares Phase 2 at Majuba Hill

Copper One (CSE:COPP) reported completion of its 2026 Phase 1 drilling at the Majuba Hill copper-silver project in Nevada, with 4,015 feet (about 1,224 metres) drilled, and began Phase 2 preparations comprising four pads and a planned 4,000 feet. Phase 1 cut mineralisation in a porphyry-breccia corridor, with assays under way. The milestone moves the project from early exploration into systematic drill testing, helping gauge the scale and grade continuity of the Majuba Hill porphyry system.

17 mins ago

34 mins ago

Yingtan Copper Investment SME 2026 Shanghai Metals Week

34 mins ago