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Domestic scrap prices have risen overall

May. 18, 2021

Around the "May 1st" holiday, domestic scrap prices have risen overall, steel mills have strong production demand, and scrap consumption has continued to rise, but the arrival of goods varies, market transactions have decreased, and the stocks of scrap steel bases have mostly shown a downward trend.


Compared with the previous period, the average purchase price of scrap for key steel companies has increased by 112 yuan/ton for heavy scrap, 157 yuan/ton for medium-sized scrap, and 103 yuan/ton for aggregate scrap.


In the first quarter, China’s pig iron output was 22.09 million tons, an increase of 8% year-on-year; crude steel output was 271.04 million tons, an increase of 15.6% year-on-year; the total consumption of scrap iron and steel was 64.19 million tons, an increase of 22.66 million tons, an increase of 54.6%; comprehensive The unit consumption of scrap steel was 236.8 kg/ton, a year-on-year increase of 59.7 kg/ton, an increase of 33.7%, of which the converter scrap consumption was 182.4 kg/ton, an increase of 45.5 kg/ton, an increase of 33.3%, and the unit consumption of electric furnace scrap was 679.5 kg. /Ton, a year-on-year increase of 43.3 kg/ton, an increase of 6.8%, a scrap ratio of 23.68%, a year-on-year increase of 5.97 percentage points, and an electric furnace steel ratio of 10.94%, a year-on-year increase of 2.88 percentage points.


Scrap steel prices in East China continue to rise, and merchants are hoping to increase and are reluctant to sell. Some steel mills have received less than the daily consumption. Nangang's heavy scrap purchase price is 3580 yuan/ton, an increase of 130 yuan/ton; Shagang's heavy scrap purchase price is 3780 yuan/ton, an increase of 230 yuan/ton; Xingcheng Special Steel's heavy scrap purchase price is 3800 yuan/ton, an increase 230 yuan/ton; Maanshan Iron & Steel's heavy scrap purchase price is 3510 yuan/ton, an increase of 130 yuan/ton; Tongling Fuxin's heavy scrap purchase price is 3540 yuan/ton; Laiwu Iron and Steel's rebar briquetting price is 3940 yuan/ton, an increase 180 yuan/ton; Xiwang Metal's premium heavy scrap purchase price is 3770 yuan/ton, an increase of 160 yuan/ton; Ningbo Iron and Steel's April heavy scrap purchase base price is 3164 yuan/ton.


The price of scrap steel in Central China has become stronger. Affected by the holiday effect, the transportation of scrap steel is restricted and the delivery volume of steel mills is low. Angang's heavy scrap purchase price is 3670 yuan/ton, an increase of 170 yuan/ton; Wugang's heavy scrap purchase price is 3770 yuan/ton, an increase of 260 yuan/ton; Valin Henggang's first-class qualified material purchase price is 3260 yuan/ton Ton, raise 60 yuan/ton; Wuhan Iron and Steel's purchase price of pure scrap steel is 3630 yuan/ton.

Domestic scrap prices have risen overall

The scrap steel market in southern China is operating strongly. During the holiday season, the volume of steel mills' arrivals has decreased, and the price has improved slightly after the price adjustment. Sangang Minguang's heavy scrap purchase price is 3,820 yuan/ton, an increase of 260 yuan/ton; Shaoguan Iron and Steel's heavy scrap purchase price is 3470 yuan/ton.


Scrap prices in the southwestern region fluctuate upwards, steel mills are highly enthusiastic about production, and merchants have a strong wait and see mood. The heavy-duty No. 1 scrap of Chongqing Iron & Steel Co., Ltd. is 3390 yuan/ton excluding tax, which is increased by 90 yuan/ton; Kunming Iron and Steel's heavy-duty scrap purchase price is 3680 yuan/ton.


The mainstream scrap steel market in Northwestern China is stable and adjusted individually. Merchants "fast in and out", and steel mills can arrive at the goods. The purchase price of Xining Special Steel's medium-sized first qualified material is 3550 yuan/ton, an increase of 180 yuan/ton; the purchase price of Jiuquan Steel's heavy scrap steel is 3010 yuan/ton, an increase of 30 yuan/ton.


The mainstream scrap market in Northeast China is operating steadily, with sufficient resources, and merchants receive more smoothly. The purchase price of Linggang's heavy scrap steel is 3580 yuan/ton, an increase of 50 yuan/ton; the purchase price of Anshan Iron and Steel's rebar packing block is 3675 yuan/ton; the purchase price of Jianlong Xigang's heavy scrap steel is 3615 yuan/ton, which is reduced by 30 yuan/ton; The purchase price of Fushun Special Steel's heavy scrap steel is 3,520 yuan/ton.


The scrap steel market in North China is operating on the strong side, and the demand from steel mills is strong, and the volume and price of scrap are rising. The purchase price of Tianjin Steel Pipe's heavy scrap steel is 3590 yuan/ton, an increase of 130 yuan/ton; the purchase price of Shougang Qiangang's heavy scrap steel is 3750 yuan/ton, an increase of 80 yuan/ton; the purchase price of Baotou's heavy-duty second-class scrap steel is 3807 yuan/ton , Raise 40 yuan/ton; Taiyuan Iron and Steel's heavy scrap purchase price is 3350 yuan/ton, raise 80 yuan/ton.


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