Last week, domestic scrap prices stopped falling and stabilized. In the case of a relatively short supply of raw materials in the market, merchants were reluctant to sell, and the wait-and-see atmosphere gradually increased. However, steel mills' scrap consumption continued and the arrivals were slightly insufficient.

Compared with the previous week, the average purchase price of scrap for key steel companies has increased by 13 yuan/ton for heavy scrap, 11 yuan/ton for medium-sized scrap, and 11 yuan/ton for overall scrap.

Last week, the prices of finished products continued to rise and billet inventories continued to fall, which caused the profit of steel mills to continue to rise, and the willingness to keep prices increased. Some merchants are optimistic about the later scrap market, their enthusiasm for shipments has weakened, and the sentiment of holding goods is gradually heating up. The delivery volume of steel mills has declined as a whole. Some steel mills have high inventories and are not willing to adjust prices. They mainly wait and see. Some electric furnace steel mills are due to The operating rate is high, the arrival is not good, the inventory is tight, and the first to increase to grab the goods. At present, the price of finished products in many regions is trending strong, and the transaction is relatively smooth, which is good for scrap steel. It is expected that the domestic scrap price will be stable and adjusted within a narrow range in the short term.

The mainstream scrap market in East China is stable and adjusted individually, the overall transaction rhythm has slowed down, and steel mill consumption remains high. The purchase price of heavy scrap steel in Nangang is 3320 yuan/ton; the purchase price of heavy scrap steel in Shagang is 3450 yuan/ton; the purchase price of heavy scrap steel in Xingcheng Special Steel is 3390 yuan/ton, which is increased by 20 yuan/ton; the purchase price of heavy scrap steel in Maanshan Iron and Steel Co., Ltd. is 3,390 yuan/ton. 3300 yuan/ton; Tongling Fuxin's heavy scrap purchase price is 3450 yuan/ton, an increase of 60 yuan/ton; Laiwu Iron and Steel's rebar briquetting price is 3,620 yuan/ton, an increase of 85 yuan/ton; Xiwang Metal's premium heavy scrap purchases The price is 3400 yuan/ton, an increase of 70 yuan/ton; Ningbo Iron & Steel's March heavy scrap purchase base price was 3164 yuan/ton.

Scrap prices in Central China have stopped falling and stabilized, market resources are tight, and the arrival of steel mills has a downward trend. Angang’s heavy scrap purchase price is 3390 yuan/ton, down 60 yuan/ton; Wugang’s heavy scrap purchase price is 3370 yuan/ton; Valin Henggang’s first-level qualified material purchase price is 3,080 yuan/ton, and Xianggang’s heavy scrap The purchase price is 3180 yuan/ton.

Scrap prices in South China declined first and then rose. Some merchants are bullish on the later market, and the pace of shipments has slowed down significantly. Sangang Minguang's heavy scrap purchase price is 3,410 yuan/ton, an increase of 50 yuan/ton; Shaoguan Iron and Steel's heavy-duty second-class scrap purchase price is 3435 yuan/ton.

The scrap steel market in the southwestern region is on the strong side to adjust, the merchants have a positive attitude, and the steel mills have generally arrived. The purchase price of heavy-duty No. 3 scrap of Chongqing Iron and Steel is 3480 yuan/ton, an increase of 60 yuan/ton; the purchase price of Kunming Iron and Steel's heavy-duty scrap is 3360 yuan/ton, an increase of 100 yuan/ton.

The scrap steel market in the northwestern region is operating steadily. Merchants are more cautious, bullish and anti-decline, and steel mills have average transactions. The purchase price of Xining Special Steel's medium-sized first qualified material is 3140 yuan/ton, and the purchase price of Jiugang Group's heavy scrap steel is 2978 yuan/ton.

The scrap steel market in the Northeast region stopped falling and stabilized. The merchants were hoping for gains, and the steel mills received less goods. Linggang's heavy scrap purchase price is 3,500 yuan/ton, down 40 yuan/ton; Anshan Iron and Steel's heavy (medium) scrap purchase price is 3575 yuan/ton; Jianlong Xigang's heavy scrap purchase price is 3445 yuan/ton; Fushun Special Steel The purchase price of heavy scrap steel is 3370 yuan/ton.

The scrap steel market in North China has been operating steadily and strongly. The mentality of merchants has recovered, and the willingness to ship goods has declined. Some steel mills with poor arrivals have increased prices and absorbed goods. The purchase price of Tianjin Steel Pipe's heavy scrap steel is 3,230 yuan/ton; the purchase price of Shougang Qiangang's heavy scrap steel is 3570 yuan/ton; the purchase price of Baotou's heavy-duty second-class scrap is 3655 yuan/ton, down 40 yuan/ton; Taiyuan Iron and Steel's heavy scrap purchases The price is 3310 yuan/ton.