By Anil Mathews (ScrapMonster Author)

September 21, 2016 11:41:22 PM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices declined marginally on the Scrap Monster Price Index on September 20th, Tuesday.

6063 Extrusions witnessed a price decline of CNY 100 per MT over the previous day. Aluminum Ingots too dropped by CNY 100 per MT. The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 50 per MT each. E.C Aluminum Wire prices dropped by CNY 100 per MT to touch CNY 12,250 per MT. Old Cast prices too witnessed a down move of CNY 100 per MT. The prices of Old Sheets saw a down move of CNY 100 per MT. UBC and Zorba 90% INF prices declined by CNY 100 per MT each from the previous day levels.

Meanwhile, Brass Radiator prices remained flat at CNY 29,500 per MT over the previous day. Red Brass and Yellow Brass prices too held steady.

Stainless steel scrap prices witnessed marginal rise on the Index.

201 SS prices went higher by CNY 50 per MT to CNY 3,750 per MT.

The prices of 304 SS Solid and 304 SS Turning increased marginally by CNY 50 per MT each.

309 SS prices registered up move of CNY 100 per MT.

310 SS prices were up by CNY 150 per MT on September 20th, 2016.

316 SS Solid and Shred SS prices too rose by CNY 100 per MT and CNY 50 per MT respectively on the Index.