Chinese copper scrap prices rise marginally Market 16th May, 2016-Shanghai Metals Market

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Chinese copper scrap prices rise marginally Market 16th May, 2016

Industry News 09:06:43AM May 18, 2016 Source:SMM

By Anil Mathews (ScrapMonster Author)

May 17, 2016 01:20:14 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Monday, May 16th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices increased slightly by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery remained flat when compared with the day before.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices held steady over the previous day.

Harness Wire 35% Recovery prices held steady on Monday, May 16th.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.


Chinese copper scrap prices rise marginally Market 16th May, 2016

Industry News 09:06:43AM May 18, 2016 Source:SMM

By Anil Mathews (ScrapMonster Author)

May 17, 2016 01:20:14 AM

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Monday, May 16th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices increased slightly by CNY 100 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery remained flat when compared with the day before.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator prices held steady over the previous day.

Harness Wire 35% Recovery prices held steady on Monday, May 16th.

Also, Heater Cores, Scrap Electric Motors and Sealed Units prices remained unchanged.