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Chinese Aluminum Scrap prices rise on Index 22nd Jan, 2016

iconJan 26, 2016 10:21
Source:SMM
The Chinese Scrap Aluminum market edged higher on Friday, January 22nd. Also, Stainless Steel scrap prices too were up when compared with the day before.

By Anil Mathews (ScrapMonster Author)

January 25, 2016 04:36:42 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Jan 22nd, Friday.

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 10,750 per MT. Old Cast prices too appreciated by CNY 150 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 100 per MT and CNY 150 per MT respectively. UBC and Zorba 90% INF prices too increased by CNY 50 per MT over the previous day.

Meanwhile, Brass Radiator prices witnessed upmove of CNY 100 per MT over the previous day. Red Brass and Yellow Brass prices too moved higher by CNY 100 per MT each.

Stainless steel scrap prices too rose marginally on the Index.

201 SS prices were up by CNY 50 per MT.

The prices of 304 SS Solid, 304 SS Turning and 309 SS edged higher by CNY 50 per MT each.

310 SS prices increased by CNY 100 per MT on Jan 22nd, 2016.

316 SS Solid and Shred SS prices too went higher by CNY 50 per MT each.


Chinese Scrap Aluminum

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