The current scrap buying price for Monel (Nickel-Copper Alloy) in Shanghai as of April 7, 2026 is ¥ 48.84 per kilogram (Chinese Yuan). Prices are refreshed each trading day after LME market open.
What Is Monel (Nickel-Copper Alloy)?
Corrosion-resistant; marine and chemical plant use.
Monel (Nickel-Copper Alloy) is classified under Non-Ferrous Metals — Non-magnetic metals with high recycling value. This grade is priced at approximately 48% of the LME Nickel.
Monel (Nickel-Copper Alloy) Price in Shanghai Today — April 2026
Today’s indicative scrap yard buying price for Monel (Nickel-Copper Alloy) in Shanghai:
| Unit | Price (Chinese Yuan) |
|---|---|
| Per kilogram (kg) | ¥ ¥ 48.84 |
| Per metric tonne | ¥ 48,835 |
| Per troy ounce | ¥ 1,518.95 |
These are indicative buying rates — what a scrap yard pays you. Actual prices may vary by yard, quantity, and material condition within Shanghai.
Monel (Nickel-Copper Alloy) Price in Other Currencies
Today’s Monel (Nickel-Copper Alloy) scrap price across major currencies (per kg):
| Code | Currency | Price / kg |
|---|---|---|
| USD | US Dollar | $ 7.0890 /kg |
| AUD | Australian Dollar | A$ 10.2487 /kg |
| GBP | British Pound | £ 5.3566 /kg |
| EUR | Euro | € 6.1408 /kg |
| CAD | Canadian Dollar | C$ 9.8642 /kg |
| NZD | New Zealand Dollar | NZ$ 12.4064 /kg |
| SGD | Singapore Dollar | S$ 9.1095 /kg |
Use our live calculator to convert to any currency or unit instantly.
What Affects Monel (Nickel-Copper Alloy) Prices in Shanghai?
- Global commodity markets: This grade is priced at approximately 48% of the LME Nickel.
- Material condition: Corrosion-resistant; marine and chemical plant use. Cleaner, better-graded material attracts higher offers.
- Local supply and demand: Construction, demolition, and manufacturing activity in Shanghai directly influences what yards are willing to pay.
- Exchange rates: Since base metals are benchmarked in USD, movements in the Chinese Yuan/USD rate affect your local payout.
- Transport costs: Distance to the nearest processing facility affects the net rate offered by Shanghai yards.
Tips for Selling Monel (Nickel-Copper Alloy) in Shanghai
- Sort and clean your material before visiting a yard — Corrosion-resistant; marine and chemical plant use.
- Get quotes from at least two or three Shanghai buyers; prices can vary 5–15% between yards.
- Check this page in the morning after LME open to confirm you are working with today’s rate.
- Bring bulk quantities where possible — larger loads typically attract better per-kg rates.
About This Data
The Monel (Nickel-Copper Alloy) price shown on this page is sourced from live LME commodity data and real-time exchange rates, refreshed daily at 08:10 London time. Use our Scrap Price Calculator to calculate the value of any quantity in your preferred currency.
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