Chinese Stainless steel scrap prices declined 31st March, 2016

Apr 01, 2016 11:24 GMT   Source:scrapmonster

By Anil Mathews (ScrapMonster Author)

April 01, 2016 02:38:27 AM

BEIJING (Scrap Monster): The Chinese Stainless Steel scrap prices mostly declined on ScrapMonster Price Index  as on Thursday, March 31st.

201 SS prices declined by CNY 50 per MT to touch CNY 2,900 per MT.

304 SS Solid prices too were down by CNY 50 per MT.

The price of 304 SS Turning dropped by CNY 50 per MT over the previous day.

309 SS and 310 SS prices witnessed marginal decrease of CNY 50 per MT and CNY 100 per MT respectively.

316 SS Solid scrap prices edged lower by CNY 50 per MT over the day on March 31st.

Shred SS prices too were down by CNY 50 per MT to CNY 7,750 per MT.

Meantime, steel scrap prices held steady. The prices of #HMS scrap and Cast Iron scrap remained unchanged.

Shred Zinc scrap prices too remained flat at CNY 12,100 per MT.