By Paul Ploumis 04 Aug 2015 Last updated at 03:49:46 GMT
BEIJING (Scrap Monster) : The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on August 3rd, Monday.
6063 Extrusions witnessed a price decline of CNY 50 per MT over the previous day. Aluminum Ingots and Transformers prices declined by CNY 50 per MT each. E.C Aluminum Wire prices dropped by CNY 50 per MT to touch CNY 11,950 per MT. Old Cast prices too witnessed a down move of CNY 50 per MT. The prices of Aluminum Radiators and Old Sheets saw a down move of CNY 50 per MT. UBC and Zorba 90% INF prices declined by CNY 50 per MT each from the previous day levels.
Meanwhile, Brass Radiator prices too declined on the Index. The prices dropped by CNY 100 per Lb to CNY 30,600 per MT over the previous day. Red Brass and Yellow Brass prices dropped by CNY 100 per Lb over the previous day.
Meantime, Stainless steel scrap prices too witnessed marginal decline during the day.
201 SS prices dropped by CNY 50 per MT.
The prices of 304 SS Solid and 304 SS Turning dropped by CNY 50 per MT each.
309 SS and 310 SS prices too declined by CNY 100 per MT each over the previous day.
316 SS Solid and Shred SS prices declined by CNY 50 each on Aug 3rd.
