Chinese Aluminum Scrap prices rise on Index on 9th Dec

By Anil Mathews (ScrapMonster Author)

December 10, 2015 05:05:38 AM

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Dec 9th, Wednesday.

6063 Extrusions witnessed a rise of CNY 100 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 100 per MT each. E.C Aluminum Wire prices jumped higher by CNY 150 per MT to touch CNY 10,400 per MT. Old Cast prices too appreciated by CNY 100 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 100 per MT each. UBC and Zorba 90% INF prices too increased by CNY 100 per MT over the previous day.

Meanwhile, Brass Radiator prices increased marginally over the previous day. Brass Radiator prices appreciated by CNY 50 per Mt. Red Brass and Yellow Brass prices too witnessed rise of CNY 50 per MT each.

Stainless steel scrap prices mostly remained flat on the Index.

201 SS prices remained unchanged at CNY 3,150 per MT.

The prices of 304 SS Solid and 304 SS Turning too held steady.

309 SS and Shred SS prices too witnessed no change from the previous day on Dec 9th, 2015.

310 SS and 316 SS Solid prices remained flat.