Chinese Aluminum Scrap prices fall; Brass scrap prices follow suit 20th Oct, 2015

By Anil Mathews (ScrapMonster Author)
October 21, 2015 06:01:28 AM
The Chinese Aluminum scrap market remained weak. Brass scrap prices too declined on Oct 20th, 2015.20th Oct, 2015: Chinese Aluminum Scrap prices fall; Brass scrap prices follow suit
BEIJING (Scrap Monster) : The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on October 20th, Tuesday.

6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day. Aluminum Ingots too dropped by CNY 100 per MT. The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 50 per MT each. E.C Aluminum Wire prices dropped by CN 100 per MT to touch CNY 11,000 per MT. Old Cast prices too witnessed a down move of CNY 100 per MT. The prices of 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 too declined by CNY 50 per MT to CNY 30,400 per MT over the previous day. Red Brass and Yellow Brass prices too dropped by CNY 50 per MT each.

Stainless steel scrap prices mostly declined during the day.

201 SS prices declined by CNY 50 per MT.

The prices of 304 SS Solid and 304 SS Turning too were down by CNY 50 per MT.

309 SS and 310 SS prices dropped by CNY 100 per MT and CNY 200 per MT respectively over the previous day.

316 SS Solid and Shredd SSprices declined by CNY 100 per MT on Oct 20th.