Chinese Aluminum and Brass Scrap prices declined

By Anil Mathews (ScrapMonster Author)

October 14, 2015 03:47:02 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on October 13th, Tuesday.

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 11,400 per MT. Old Cast prices too witnessed a down move of CNY 100 per MT. The prices of Aluminum Radiators and Old Sheets saw a down move of CNY 100 per MT. UBC and Zorba 90% INF prices declined by CNY 50 per MT each from the previous day levels.

Meanwhile, Brass Radiator prices declined by CNY 50 per MT to touch CNY 30,700 per MT. Red Brass and Yellow Brass prices too dropped marginally by CNY 50 per MT each.

Stainless steel scrap prices mostly held flat during the day.

201 SS prices remained unchanged.

The prices of 304 SS Solid, 304 SS Turning and 309 SS too held steady.

310 SS and 316 SS Solid prices dropped by CNY 50 per MT over the previous day.

Meantime, Shred SS prices remained flat over the previous day on Oct 13th.