Scrap Metal Prices and Scrap Metal Auctions

08/08/08 Chinese Spot Prices for various scrap metals. Prices are in USD per Ton:
Motor copper $7,529
#1 Bare Bright $8,229
Shred Taint $2,222
Shred Tense $2,136
#1 Nickel $21,143
Shred Zinc $1,657
304 SS Sabot (18-8) $2,471
Lead $2,143
HMS $576
AOO Al Ingot $2,671
Shred SS (Ni = 7.8~8.0%) $2,386
Steel-making Pig Iron $671
Casting Pig Iron $736
worldscrap.com

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07/08/08 Chinese Spot Prices for scrap metals in USD per ton
Motor copper $7,529
#1 Bare Bright $8,229
Shred Taint $2,222
Shred Tense $2,136
#1 Nickel $20,714
Shred Zinc $1,657
304 SS Sabot (18-8) $2,457
Lead $2,143
HMS $576
AOO Al Ingot $2,671
Shred SS (Ni = 7.8~8.0%) $2,371
Steel-making Pig Iron $671
Casting Pig Iron $736
courtesy worldscrap.com

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Summary of Chinese Scrap Metal Market Information and Prices 
WorldScrap-LME lead was closed at 2130USD, slipped down 80USD from earlier day. Scrap lead price has squeezed down 14USD in China market today, while the trade volume stayed in a lower level on sluggish demand.
WorldScrap- The steel price kept rolling in a high level recently and there […]

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29/07/08 Chinese Spot Price  USD/Ton
Motor copper $7,671
#1 Bare Bright $8,371
Shred Taint $2,257
Shred Tense $2,171
#1 Nickel $21,714
Shred Zinc $1,757
304 SS Sabot (18-8) $2,529
Lead $2,243
HMS $600
AOO Al Ingot $2,714
Shred SS (Ni = 7.8~8.0%)  $2,414
Steel-making Pig Iron $685
Casting Pig Iron $734
Source www.worldscrap.com 

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WorldScrap- Scrap steel price has seen a fall of 50USD in Zhejiang province, the trade has been in general on sufficient stockpiles. The latest price: scrap motor shred pig iron 593USD per ton (made in China), 582USD per ton (imported).
Shanghai scrap steel price kept in line with earlier day. It seemed that the market was […]

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Spot market scrap metal prices in China (LTL, TL) below
Old Mixed Aluminum 5274.16 6931.76 MT RMB
Old Yellow Brass 16726.63 27877.72 MT RMB
No.2 Scrap Copper 42494.68 44755.04 MT RMB
Mixed Lead 6479.69 10699.02 MT RMB
Nickel Scrap 91921.13 122511.27 MT RMB
HMS No.2 Steel 2603.93 3254.91 MT RMB
Stainless Scrap 11151.09 14918.35 MT RMB
Old Mixed Zinc Scrap 4219.33 8287.97 MT […]

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China’s mills plan to raise prices of 400-series stainless
China’s Taiyuan Iron & Steel (Group) Co., Ltd. (Tisco) and Baosteel are mulling an increase of RMB300~500/ton on 400 series spot prices.
The move will cause the current 400 series prices to soar, if both companies gain approval.
Continued rising input costs are being reflected by price rises, as […]

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Scrap prices drop in Jiangsu, China
Scrap purchasing price in Jiangsu province China has started falling as two mills have dropped their buying price by up to RMB100/ton.
Scrap distributors from the region are frustrated, having experienced some losses since scrap prices started climbing at the beginning of 2008.
Domestic inflation and rising prices of raw materials, including […]

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Selected spot market scrap metal prices (LTL, TL) below
Old Mixed Aluminum 5299.52 7116.50 MT RMB
Old Yellow Brass 17412.71 28920.24 MT RMB
No.2 Scrap Copper 44061.72 46332.94 MT RMB
Mixed Lead 5450.93 9084.89 MT RMB
Nickel Scrap 99933.80 133245.06 MT RMB
HMS No.2 Steel 2357.53 2946.91 MT RMB
Stainless Scrap 13778.75 18321.20 MT RMB
Old […]

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China’s largest nickel & cobalt maker- Gansu Jinchuan Group announced to decrease 1# refined nickel price by RMB10,000 on May 21.
It is the third time for the mill to announce price drop in May. The mill said to reduce price by RMB7,000 on May 8, and RMB10,000 on May 15.
The price slump is owing to […]

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Selected spot market prices for China (May 8, 2008) .  Prices below are LTL and TL. 
Old Mixed Aluminum     5252.73     6952.14    MT RMB
Old Yellow Brass            17921.07     29816.95  MT RMB
No.2 Scrap Copper         45420.63    47738.01  MT RMB
Mixed Lead                      7724.60       12822.83 MT RMB
Nickel Scrap                  132245.11      176429.81 MT RMB
HMS No.2 Steel               2235.81         2794.76    MT RMB
Stainless Scrap               15603.69       20701.92 MT RMB
Old […]

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Prices below are LTL and TL. 
Old Mixed Aluminum                    5399.65          7096.68 MT RMB
Old Yellow Brass                           18050.26      30083.77 MT RMB
No.2 Scrap Copper                       45819.89       48134.03 MT RMB
Mixed Lead                                     8485.16       14039.09 MT RMB
Nickel Scrap                                  132214.30     176337.15 MT RMB
HMS No.2 Steel                            2232.68          2790.85 MT RMB
Stainless Scrap                              15581.85        20672.95 MT RMB
Old Mixed Zinc Scrap                    4936.82           9873.65 […]

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