Chinese Aluminum Scrap prices rise on Index 30th Dec, 2015

By Anil Mathews (ScrapMonster Author)

December 31, 2015 03:16:51 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Dec 30th, Wednesday.

6063 Extrusions witnessed a rise of CNY 50 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 100 per MT to touch CNY 10,900 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 too increased by CNY 50 per MT over the previous day.

Meanwhile, Brass Radiator prices remained flat over the previous day. Red Brass and Yellow Brass prices too held steady.

Stainless steel scrap prices increased on the Index.

201 SS prices remained were up by CNY 100 per MT to CNY 3200 per MT.

The prices of 304 SS Solid and 304 SS Turning increased by CNY 100 per MT each.

309 SS prices went higher by CNY 150 per MT.

309 SS and 316 SS Solid prices saw rise of CNY 150 per MT each.

310 SS prices were up by CNY 200 per MT from the previous day on Dec 30th, 2015.

Shred SS prices too rose by CNY 100 per MT.