By Anil Mathews (ScrapMonster Author)
July 10, 2016 11:05:49 PM
BEIJING (Scrap Monster): The Chinese copper scrap prices witnessed marginal downfall on ScrapMonster Price Index as on Friday, July 8th.
#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 200 per MT each.
#1 Insulated Copper Wire 85% Recovery prices were down by CNY 50 per MT to CNY 26,500 per MT. The price of #2 Insulated Copper Wire 50% Recovery remained unchanged over the previous day.
Copper Transformer and Cu Yokes prices remained flat over the previous day.
Cu/Al Radiator scrap prices too held steady over the day. Harness Wire 35% Recovery prices held steady.
Heater Cores prices were down by CNY 50 per MT on Friday, July 8th.
Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged when compared with the previous day.