Information Statistics Department of China Iron and Steel Application Association

Last week, the domestic scrap market continued to operate steadily, with purchase prices rising slightly, and steel mills' strong willingness to purchase, as the merchants hoped to increase sales, which caused the steel mills' arrival to fall back. Some key steel companies in East China, Central China, South China, and North China raised their purchase prices.

Compared with the previous week, the average purchase price of scrap for key steel companies has increased by 25 yuan/ton for heavy scrap, 15 yuan/ton for medium-sized scrap, and 55 yuan/ton for scrap scrap.

At present, the scrap arrival volume of most steel mills is declining and the demand is strong. It is expected that the scrap market will rise steadily in the short term.

The mainstream scrap market in East China is stable, prices are rising slightly, market resources are tight, and transactions are average. Nanjing Steel's heavy scrap purchase price is 2610 yuan/ton, an increase of 80 yuan/ton; Shagang's heavy scrap purchase price is 2710 yuan/ton, an increase of 20 yuan/ton; Xingcheng Special Steel's shear material purchase price is 2680 yuan/ton, Increase by 50 yuan/ton; Maanshan Iron & Steel's heavy scrap purchase price is 2600 yuan/ton, up by 80 yuan/ton; Tongling Fuxin heavy steel purchase price is 2550 yuan/ton; Fangda Special Steel's heavy steel purchase price is 2310 yuan/ton ; Laigang's heavy steel scrap purchase price is 2770 yuan / ton, an increase of 30 yuan / ton; Shiheng Special Steel heavy steel scrap purchase price is 2670 yuan / ton, an increase of 140 yuan / ton; Xiwang metal boutique heavy steel scrap purchase price is 2640 yuan /Ton, an increase of 10 yuan/ton; Ningbo Steel’s heavy-duty scrap purchase base price is 2249 yuan/ton.

The scrap market in Central China remained stable. Most steel mills did not adjust prices and the overall transaction was average. The purchase price of heavy steel scrap of Angang is 2730 yuan/ton, an increase of 150 yuan/ton; the purchase price of heavy steel scrap of Wugang is 2710 yuan/ton; the purchase price of the first grade of Hualing Xianggang is 2560 yuan/ton, and the first grade of Henggang is qualified The purchase price of the material is 2660 yuan/ton, the base price of Lianyuan Iron and Steel's first-class material is 2475 yuan/ton, an increase of 50 yuan/ton; the purchase price of heavy steel scrap of Wuhan Iron and Steel is 2700 yuan/ton.

The scrap market in South China has a strong bullish atmosphere, and merchants raise prices and reluctant to sell. Sangang Minguang's heavy scrap purchase price is 2720 yuan/ton, no price adjustment; Liugang's heavy scrap purchase price is 2540 yuan/ton, an increase of 120 yuan/ton; Shaogang's heavy type 2 scrap purchase price is 2802 yuan/ton.

There is a shortage of scrap steel resources in the Southwest, and businesses are bullish. Pan Changgang's heavy steel scrap purchase price is 2550 yuan/ton, Shougang Shuigang's heavy steel scrap purchase price is 2782 yuan/ton, and Kunshan Steel's heavy steel scrap purchase price is 2700 yuan/ton.

The scrap steel market in the northwest region is stable, with fewer market transaction resources. Xining Special Steel's heavy scrap purchase price is 2560 yuan/ton, and Jiu Steel's heavy scrap purchase price is 2622 yuan/ton.

The mainstream market of scrap steel in the Northeast is stable, merchants are reluctant to sell, and the arrival volume of steel mills has decreased significantly. The purchase price of Linggang's heavy scrap is 2630 yuan/ton, Anshan Iron & Steel suspended purchases, and the purchase price of Jianlongxi Steel's heavy scrap is 2575 yuan/ton.

The scrap market in North China is running strongly, and merchants are reluctant to sell, and the transaction is not good. Tianjin Steel Pipe suspended purchase of scrap steel; Shougang Qiangang's heavy scrap purchase price was 2720 yuan/ton, an increase of 80 yuan/ton; Baosteel's heavy scrap purchase price was 2625 yuan/ton; TISCO's heavy scrap purchase price was 2530 yuan/ton, down 10 yuan/ton.