Posted on January 23rd, 2010 by admin
WorldScrap (www.worldscrap.com )- LME aluminium futures closed down $21 at $2,240 yesterday as the inventories added 18,525 tons, bringing the total levels of 4,640,750 tons. SHFE aluminium contract 1004 ended at 17,060RMB/T, with loses of 340RMB/T. Range ran from 16,930-17,370RMB/T and position reduced 8,300 hands, with rising trade volume. The price in spot market: Changjiang [...]
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Posted on January 22nd, 2010 by admin
22/01/10 Chinese Spot Prices for various scrap metals. Prices are in USD per ton.
Motor copper $7,329
#1 Bare Bright $7,871
Shred Taint $1,857
Shred Tense $1,900
#1 Nickel $20,286
Shred Zinc $2,271
304 SS Sabot (18-8) $1,829
Lead $2,029
HMS $347
AOO Al Ingot $2,421
Shred SS
(Ni = 7.8~8.0%)
$1,900
Steel-making Pig Iron $386
Casting Pig Iron $423
Courtesy www.worldscrap.com
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Posted on December 11th, 2009 by admin
The latest Chinese copper trade data showed a surprise ~10% m-o- m increase in imports of copper and copper products to 290,158 mt in November as reported by www.commodityonline.com . Given the lack of arbitrage opportunities, expectations were that imports would continue to decline further.
The data, combined with strong Chinese industrial production numbers have given [...]
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Posted on September 11th, 2009 by admin
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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Posted on April 10th, 2009 by admin
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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Posted on February 9th, 2009 by admin
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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Posted on January 15th, 2009 by admin
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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Posted on November 26th, 2008 by admin
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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