Chinese Aluminum Scrap prices edged higher

By Anil Mathews (ScrapMonster Author)

November 04, 2015 07:28:16 PM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Nov 4th, Wednesday.

6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 50 per MT each. E.C Aluminum Wire prices jumped higher by CNY 150 per MT to touch CNY 10,450 per MT. Old Cast prices too appreciated by CNY 50 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 50 per MT each. UBC and Zorba 90% INF prices went higher by CNY 50 per MT each.

Meanwhile, Brass Radiator prices remained unchanged over the previous day. Brass Radiator prices held steady. Red Brass and Yellow Brass prices too remained flat when compared with the day before.

Stainless steel scrap prices mostly remained flat on the Index.

201 SS prices remained unchanged at CNY 3,700 per MT.

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

309 SS and Shred SS prices too witnessed no change from the previous day on Nov 4th, 2015.

310 SS prices declined by CNY 50 per MT over the day.

316 SS Solid prices remained flat.

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