Chinese Aluminum Scrap prices rise on Index December 31

By Anil Mathews (ScrapMonster Author)

January 04, 2016 03:03:48 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Dec 31st, Thursday.

6063 Extrusions witnessed a rise of CNY 200 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 250 per MT to touch CNY 11,150 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 remained flat over the previous day. Red Brass and Yellow Brass prices too held steady.

Stainless steel scrap prices held steady on the Index.

201 SS prices remained flat at CNY 3200 per MT.

The prices of 304 SS Solid and 304 SS Turning remained unchanged over the day.

309 SS and 310 SS prices remained flat on Dec 31st, 2015.

316 SS Solid and Shred SS prices too were unchanged.