Tianjin Xinyue Industrial and Trade Co., Ltd.
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Domestic scrap market shock adjustment (September 14 to September 20)

Sep. 27, 2019

Last week, the domestic scrap market fluctuated and adjusted. The price fluctuated and the business was more cautious. The key steel enterprises adjusted the purchase price slightly according to the arrival and inventory.


Compared with the previous week, the average scrap price of key steel scraps was increased by 8 yuan/ton, the price of medium-sized scrap was 4 yuan/ton, and the price of scrap was increased by 5 yuan/ton.


The National Day holiday is approaching. According to the convention, steel mills need to reserve some stocks in advance, raise prices to attract goods, and there are not many resources in the hands of the merchants. Last Thursday, as the price of the snails dipped, the finished product market began to weaken and the market mentality weakened. However, due to the current tight scrap resources, merchants are reluctant to sell goods, steel stocks are insufficient, it is expected that the short-term scrap market will maintain a consolidation trend, and the price rise and fall is limited.


The scrap prices in East China were first raised and then suppressed, and the market transactions were average. In the first half of September, Baosteel's heavy scrap purchase price was 2210 yuan/ton; Nangang heavy scrap purchase price was 2720 yuan/ton, down 40 yuan/ton; Shagang heavy scrap purchase price was 2770 yuan/ton, down 40 yuan/ton; Xingcheng special steel refined furnace material purchase price is 2780 yuan / ton; Ma Steel heavy scrap purchase price is 2730 yuan / ton, down 40 yuan / ton; Tongling Fuxin heavy scrap purchase price is 2660 yuan / ton; Fangda special steel heavy The scrap purchase price is 2,870 yuan / ton, up 25 yuan / ton; Laiwu Steel medium-sized briquetting A bid price is 2,970 yuan / ton, up 30 yuan / ton; Shiheng special steel scrap scrap purchase price is 2810 yuan / ton, The increase of 30 yuan / ton; Xiwang metal heavy scrap purchase price of 3017 yuan / ton, up 30 yuan / ton; Ningbo steel heavy scrap tax-included purchase base price of 2475 / ton.


The scrap market in Central China has been consolidating, steel mills have arrived, and stocks have declined. Angang's heavy scrap purchase price is 2,710 yuan / ton; Wugang heavy scrap purchase price is 2,710 yuan / ton; Hualing Xianggang first grade purchase price is 2,600 yuan / ton, up 80 yuan / ton, Henggang heavy scrap purchase The price is 2750 yuan / ton, up 120 yuan / ton, the base price of the first grade material of Handan Iron and Steel is 2370 yuan / ton, up 30 yuan / ton; WISCO heavy scrap purchase price is 2670 yuan / ton.


Scrap prices in South China rose slightly, and the business mentality was average. The purchase price of Sangang Shuguang heavy scrap is 2760 yuan / ton; the purchase price of Liugang thick shear is 2580 yuan / ton; the purchase price of heavy scrap of Handan Iron and Steel is 2927 yuan / ton, up 40 yuan / ton.


The scrap market in the southwestern region has been oscillating and adjusted, and steel mills have arrived in general. The purchase price of Panzhihua Heavy Duty Scrap is 2,630 yuan / ton; the purchase price of Shougang Shuigang Heavy Duty Scrap is 2,600 yuan / ton; the purchase price of heavy steel scrap of Kunming Steel is 2,630 yuan / ton.


The scrap market in the northwest region is running strongly, and the market turnover is light. The purchase price of Xining Special Steel Heavy Duty Scrap is 2470 yuan / ton, and the purchase price of heavy steel scrap steel is 2640 yuan / ton.


The mainstream market for scrap steel in the Northeast is stable, and merchants are less willing to ship. Linggang's heavy scrap purchase price is 2840 yuan / ton; Fushun special steel heavy scrap purchase price is 2660 yuan / ton; Bengang heavy scrap purchase price is 2847 yuan / ton; Angang heavy scrap purchase price is 2800 yuan / ton, down 20 yuan / tonne.


The scrap market in North China has risen and fallen, and steel mills have adjusted prices based on inventory and arrivals. Tianjin steel pipe heavy scrap purchase price is 2820 yuan / ton; Shougang Qiangang heavy scrap purchase price is 2950 yuan / ton; Baotou Steel heavy 2 type scrap purchase price is 2625 yuan / ton, up 35 yuan / ton; Taigang heavy scrap procurement The price is 2,630 yuan / ton.


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