Chinese Aluminum Scrap prices remain upbeat on Index 18th Aug, 2016

By Anil Mathews (ScrapMonster Author)

August 19, 2016 04:29:40 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on August 18th, Thursday.

6063 Extrusions witnessed a rise of CNY 200 per MT over the previous day. Aluminum Radiators and Transformers prices were up by CNY 100 per MT each. E.C Aluminum Wire prices jumped higher by CNY 200 per MT to touch CNY 12,700 per MT. Old Cast prices increased by CNY 200 per MT. The prices of Old Sheet and Old Cast witnessed rise of CNY 200 per MT each. UBC and Zorba 90% INF prices too were up by CNY 150 per MT each.

Meanwhile, Brass Radiator prices too went higher marginally by CNY 50 per MT when matched with the day before. Red Brass and Yellow Brass prices too increased by CNY 50 per MT each.

Stainless steel scrap prices were unchanged on the Index.

201 SS prices held steady at CNY 3,850 per MT.

The prices of 304 SS Solid, 304 SS Turning and 309 SS remained flat.

310 SS prices held steady at CNY 16,050 per MT on August 18th, 2016.

316 SS Solid and Shred SS prices too witnessed no change in prices.