By Paul Ploumis 02 Jul 2015 Last updated at 03:38:24 GMT
BEIJING (Scrap Monster) : The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on July 1st, Wednesday.
6063 Extrusions witnessed a price decline of CNY 200 per MT over the previous day. Aluminum Ingots and Transformers prices declined by CNY 250 per MT and CNY 200 per MT respectively. E.C Aluminum Wire prices dropped by CN 250 per MT to touch CNY 12,450 per MT. Old Cast prices too witnessed a down move of CNY 200 per MT. The prices of Aluminum Radiators and Old Sheets saw a down move of CNY 200 per MT. UBC and Zorba 90% INF prices declined by CNY 150 per MT each from the previous day levels.
Meanwhile, Brass Radiator prices remained unchanged at CNY 32,350 per MT over the previous day. Red Brass and Yellow Brass prices too remained flat over the previous day.
However, Stainless steel scrap prices witnessed marginal increase during the day.
201 SS prices were up by CNY 50 per MT.
The prices of 304 SS Solid and 304 SS Turning increased by CNY 100 per MT.
309 SS and 310 SS prices too appreciated by CNY 100 per MT over the previous day.
316 SS Solid and Shred SS prices saw an uptick of CNY 100 per MT and CNY 50 per MT respectively on July 1st.
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