Scrap Metal Prices and Scrap Metal Auctions

Steel and iron ore imports decline in August in China
According to the report of China’s Custom, Chinese steel and iron ore imports dropped comparing to July. However, the total steel and iron ore imports from January to August increased by volume compared with the same period of 2008.
Steel import in August was 1.59 million tons, [...]

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We have completely updated our website page dedictaed to Chinese scrap metal prices, base metal prices and other metal prices in China.  The web page is http://scrapmetalpricesandauctions.com/china
We would like your comments on this page.  If you wish to see other pricing or have any opinions please use comment link below to submit your comments to site.  [...]

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China Main Area Weekly Summary-Steel Scrap Recycling Prices. Feb.1-Feb.6, 2009.  Prices below are shown feb 1 price, then feb 6 price and then the price change (+/-).
Chongqing 2650 2650 + 0
Zhangjiagang 2620 2710 +90
Tangshan 2350 2450 +100
Laiwu 2708 2708 0
Loudi 2650 2800 +150
Lingyuan 2700 2800 +100
Beijing 2400 2600 +200
Jinan 2650  2650 0
Hefei 2600 2700 +100
Jiangyin [...]

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Jan.14 MetalBiz–Steel scrap suffered the extraordinary period in the year of 2008.
In the first half of the year, along with the stable growth of steel products prices and the soaring of raw material prices, steel scrap market continued its upward trend of 2007, the price kept surging, successively hit record highs. Then in the latter [...]

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Chinese scrap prices rebound
China’s domestic scrap prices have rebounded by a certain extent with the recovery of the prices of mills’ steel products.
In the Jiangsu market, price for heavy scrap steel (6mm thickness above) stands at RMB2,250 to 2,350/ton (VAT included), up from RMB2,000 to 2,100 at the end of October.
However scrap supply still remain [...]

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Current scrap metal prices in China based upon current spot market prices. Prices are is USD per ton.Motor copper $3,414#1 Bare Bright $3,900Shred Taint $1,557Shred Tense $1,600#1 Nickel $13,000Shred Zinc $986304 SS Sabot (18-8) $1,171Lead $1,129HMS $257AOO Al Ingot $1,957Shred SS(Ni = 7.8~8.0%) $1,143Steel-making Pig Iron $300Casting Pig Iron $429
Source: www.worldscrap.com

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Current prices of various scrap metals in China based upon spot market prices. Prices are is USD per ton.
Motor copper $3,700#1 Bare Bright $4,186Shred Taint $1,586Shred Tense $1,629#1 Nickel $13,429Shred Zinc $1014304 SS Sabot (18-8) $1,257Lead $1,186HMS $243AOO Al Ingot $1,986Shred SS (Ni = 7.8~8.0%) $1,229Steel-making Pig Iron $357Casting Pig Iron $529
Source: www.worldscrap.com
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Current scrap prices in China based on spot market prices. Prices are in USD per ton.
Motor copper $6,229#1 Bare Bright $6,943Shred Taint $1,757Shred Tense $1,800#1 Nickel $18,714Shred Zinc $1,500304 SS Sabot (18-8) $2,086Lead $2,029HMS $454AOO Al Ingot $2,129Shred SS (Ni = 7.8~8.0%) $2,014Steel-making Pig Iron $543Casting Pig Iron $686
Source www.worldscrap.com

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Following sharp declines in the first few months, most traders expect steel prices in China to rally in October when domestic steelworks cut production.
The latest round of sharp steel price fall in China started in mid-July, due mainly to excessive output capacities and serious imbalance in demand and supply. China’s top steel maker Baosteel, for [...]

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LME base metal price slipped Wednesday due to the continued rebounded US dollar and the global economic slowdown worries while the copper future hit the three days low. LME copper was closed at $6,905 yesterday, down $90. Today SHFE copper future opened lower, later went up in the fluctuation. The scrap copper price kept stable [...]

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