By Anil Mathews (ScrapMonster Author)
May 22, 2016 09:29:54 PM
BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on May 20th, Friday.
6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day. Aluminum Radiators and Transformers prices too were up by CNY 50 per MT each over the previous day. E.C Aluminum Wire prices jumped higher by CNY 150 per MT to touch CNY 12,450 per MT. Old Cast prices increased by CNY 150 per MT. The prices of Aluminum Radiators and Old Sheet witnessed rise of CNY 50 per MT and CNY 150 per MT respectively. UBC and Zorba 90% INF prices too were up by CNY 100 per MT each.
Meanwhile, Brass Radiator prices witnessed no price change when matched with the day before. Red Brass and Yellow Brass prices too held steady.
Stainless steel scrap prices were unchanged on the Index.
201 SS prices held steady at CNY 2,950 per MT.
The prices of 304 SS Solid, 304 SS Turning and 309 SS remained flat.
310 SS prices held steady at CNY 14,350 per MT on May 20th, 2016.
316 SS Solid and Shred SS prices too witnessed no change in prices.