Last week, the domestic scrap price was consolidated and operated, the market resources were still tight, the business operation enthusiasm was not high, and the arrival of steel mills was different. Most of them adjusted the purchase price according to their own situation.

Compared with the previous week, the average purchase price of scrap in key steel enterprises was reduced by 16 yuan / ton, 12 yuan / ton and 9 yuan / ton respectively.

Last week, although the prices of finished products and billets rose, they were limited to boost the scrap market. In order to ensure the year-on-year decline of crude steel output in 2021, steel mills in Shandong, Jiangsu and other places took the initiative to reduce production, blast furnace shutdown and maintenance increased, scrap demand weakened, more on-demand procurement, and individual steel mills with large impact reduced procurement prices. Considering the current reduction in the circulation of scrap resources, the arrival of steel mills is small, the willingness to support the price in the finished material market is high, the profit of steel mills increases, and the scrap price is not easy to fall temporarily. Insiders expect that the scrap market will mainly operate in a narrow range in the short term.

The scrap steel market in East China operates steadily. Affected by the storm and rain in Taiwan, the road ponding hinders transportation, the processing of scrap steel on the site is limited, and the arrival volume of the steel plant decreases. The purchase price of Nangang heavy scrap is 3830 yuan / ton; The purchase price of Shagang heavy scrap is 3910 yuan / ton; The purchase price of heavy scrap of Xingcheng Special Steel is 3860 yuan / ton; The purchase price of heavy scrap steel of Masteel is 3660 yuan / ton; The purchase price of Tongling Fuxin heavy scrap steel is 3850 yuan / ton; The bidding price of Laiwu Iron and steel reinforcement block is 4120 yuan / ton, down 60 yuan / ton; The purchase price of Xiwang metal fine heavy scrap is 3650 yuan / ton, down 110 yuan / ton; The base purchase price of heavy scrap of Ningbo iron and steel in July was 3616 yuan / ton.

The price of scrap steel in Central China is temporarily stable, the processing base has resumed production, the arrival of steel mills is poor, and the inventory is low. The purchase price of heavy scrap of Angang is 3860 yuan / ton; The purchase price of heavy scrap steel of Wugang is 4000 yuan / ton, down 20 yuan / ton; The purchase price of first-class qualified material of Valin Henggang is 3560 yuan / ton, and the purchase price of low sulfur briquette of WISCO is 3870 yuan / ton.

The scrap market in South China operates weakly and stably. The limited power reduction affects the overall demand for scrap, some steel mills reduce the purchase price of scrap, and merchants ship actively. The purchase price of Minguang heavy scrap of Sansteel is 3820 yuan / ton, down 30 yuan / ton; The cash to factory price of heavy waste class II scrap at SISG is 3590 yuan / ton.

The price of scrap steel in Southwest China is temporarily stable. Affected by high temperature and rainy weather, the merchant's receipt is not ideal and the enthusiasm for delivery is not high. The price excluding tax of Heavy Steel No. 1 scrap is 3540 yuan / ton, and Kunming Steel has not purchased scrap yet.

The price of scrap steel in Northwest China fluctuates in a narrow range, the circulation of market resources is general, and the willingness of steel mills to purchase scrap steel has increased. The purchase price of medium-sized first qualified materials of Xining Special Steel is 3750 yuan / ton, and the purchase price of heavy scrap of Jiuquan Iron and Steel Group is 3541 yuan / ton.

The price of scrap steel in Northeast China is rising steadily, businesses are in a strong wait-and-see mood, the arrival of steel mills is poor, and the inventory is not high. The purchase price of heavy scrap steel of Linggang is 3780 yuan / ton, that of Jianlong West steel is 3715 yuan / ton, that of Anshan steel is 3745 yuan / ton, and that of Fushun Special Steel is 3690 yuan / ton.

Scrap prices in North China have been adjusted and operated in a narrow range, and the arrival of steel mills is very small, mostly consumption inventory. The purchase price of Tianjin steel pipe heavy scrap is 3880 yuan / ton, with an increase of 50 yuan / ton; The purchase price of heavy scrap from Shougang steel relocation is 4080 yuan / ton; The purchase price of heavy class II scrap of Baotou Steel is 4007 yuan / ton; The purchase price of TISCO heavy scrap is 3450 yuan / ton.