By Anil Mathews (ScrapMonster Author)
December 22, 2015 04:41:01 AM
BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Dec 21st, Monday.
6063 Extrusions witnessed a rise of CNY 150 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 100 per MT each. E.C Aluminum Wire prices jumped higher by CNY 150 per MT to touch CNY 10,850 per MT. Old Cast prices too appreciated by CNY 100 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 100 per MT each. UBC and Zorba 90% INF prices too increased by CNY 100 per MT over the previous day.
Meanwhile, Brass Radiator prices too appreciated by CNY 100 per MT over the previous day. Red Brass and Yellow Brass prices too were up by CNY 100 per MT each.
Stainless steel scrap prices held steady on the Index.
201 SS prices remained unchanged at CNY 3200 per MT.
The prices of 304 SS Solid, 304 SS Turning and 309 SS too held steady.
309 SS and Shred SS prices witnessed no change in prices from the previous day on Dec 21st, 2015.
310 SS and 316 SS Solid prices too remained flat.