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

2 hours ago

Anglo Asian Reports Q2 Production Surge, Maintains Full-Year Guidance

Data released on Wednesday by Anglo Asian, a producer of copper, gold and silver, showed that its copper production in Q2 this year increased 27% QoQ to 5,129 mt, a sharp 87% YoY increase.In the quarter, its gold production rose 3.4% QoQ to 6,272 ounces, up 2.9% YoY; silver production was 50,059 ounces, up 36% YoY.All of the company’s operations are located in Azerbaijan.Anglo Asian stated that it maintains its full-year production guidance, targeting copper production of 20,000-25,000 mt, gold production in the range of 28,000-33,000 ounces, and silver production between 170,000-210,000 ounces.

2 hours ago

First Quantum Considers Selling Stake in Taca Taca Copper Mine Amid Global Supply Rush

First Quantum Minerals is considering selling a minority stake in its Taca Taca copper mine project in Argentina. The move comes as major global mining companies and strategic investors race to secure future copper supply.According to US media reports, the company has initiated this potential sale process.Potential bidders include Japan's Mitsubishi Corp. and Mitsui & Co., among others.

2 hours ago

Oyu Tolgoi Boosts H1 2026 CuEq Output, Rio Tinto Lowers Cost Guidance Amid Mixed Q2 Production

H1 2026 copper equivalent (CuEq) production was up 3% YoY. The Oyu Tolgoi ramp-up plan progressed steadily, with H1 output up 31% YoY.Overall copper production in Q2 was 213,000 mt, down 7% both QoQ and YoY, mainly due to lower output from Rio Tinto’s Kennecott and Escondida mines.Additionally, the 2026 copper C1 net unit cost guidance was lowered to 30-50¢/lb (previously 65-75¢/lb).Aluminum business, the supply chain performed steadily, and bauxite recovered strongly. Q2 aluminum production rose 1% QoQ to 840,000 mt; bauxite production rose 14% QoQ to 15.2 million mt.

2 hours ago