Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
Home > News

Stable operation of domestic scrap price(July 3 to July 9)

Jul. 19, 2021

Domestic scrap prices are stable, the business atmosphere is strong, the pace of shipment slows down, the overall consumption of steel mills has recovered from the previous week, but due to the impact of production restriction policy, procurement is very cautious.


Compared with the previous week, the average purchase price of scrap in key steel enterprises increased by 2 yuan / ton, the price of medium-sized scrap increased by 1 yuan / ton, and the price of conventional scrap increased by 4 yuan / ton.


Last week, stimulated by the news of production restriction and production reduction, the futures market rose, driving spot prices up, but the overall demand release was insufficient, and social inventory continued to rise slightly. Although the steel price rises, the wait-and-see mood of scrap market is still strong. The steel plant has insufficient confidence in the use of scrap steel in the later period, the enthusiasm of procurement is not high and the willingness to increase the price is not strong. At present, affected by high temperature and rainy weather, the base scrap is not good, the willingness of the merchants to ship is weakened, the steel plant inventory is generally low, which forms a certain support for the price. It is expected that the short-term scrap market will continue to weaken and the price will be difficult to rise and fall.

Stable operation of domestic scrap price(July 3 to July 9)

Scrap prices in East China have risen slightly, businesses have a strong wait-and-see mood, and the arrival of steel mills has improved. The purchase price of heavy waste steel of Nangang is 3750 yuan / ton, up to 20 yuan / ton; The purchase price of heavy waste steel of Shagang is 3830 yuan / ton; The purchase price of heavy waste steel of Xingcheng Special Steel is 3860 yuan / ton; The purchase price of heavy waste steel of Masteel is 3660 yuan / ton; The purchase price of heavy waste steel in Fuxin of Tongling is 3740 yuan / ton, up 110 yuan / ton; The bidding price of steel bar block in Laiwu is 4110 yuan / ton, and 50 yuan / ton is reduced; The purchase price of heavy scrap of Xiwang metal boutique is 3780 yuan / ton, down by 30 yuan / ton; The base price of heavy scrap procurement of Ningbo iron and steel in July was 3616 yuan / ton, up by 200 yuan / ton.


The scrap steel market in Central China is stable, and the base material is not ideal. The steel factory is generally delivered. The purchase price of heavy waste steel of Anyang steel is 3790 yuan / ton; The purchase price of heavy scrap steel of Wugang is 3940 yuan / ton, up to 20 yuan / ton; The purchase price of grade I qualified materials of hualingheng steel is 3590 yuan / ton, and the price is increased by 30 yuan / ton; The purchase price of low sulfur block of WISCO is 3950 yuan / ton.


The scrap steel market in South China is rising and falling, and some steel mills are on the edge of loss, and demand is showing signs of weakening. The purchase price of Minguang heavy scrap steel of Sangang is 3760 yuan / ton, and it is reduced by 100 yuan / ton; The cash to factory price of heavy-duty class II scrap steel in Shaogang is 3540 yuan / ton.


The price of scrap steel in Southwest China has been stable, and the processing volume of scrap has declined, and the arrival of steel plants is general. The tax free price of heavy steel No.1 scrap is 3540 yuan / ton; The purchase price of heavy waste steel of Kungang is 3827 yuan / ton, down by 30 yuan / ton.


The scrap price in Northwest China is narrow and consolidated. The merchants mainly use the "fast in and fast out" operation, and the willingness to stock is not strong. The stock of steel mills is generally, and the goods are not good. The purchase price of medium-sized qualified materials of Xining Special Steel is 3650 yuan / ton; The purchase price of heavy waste steel of Jiugang is 3541 yuan / ton, up 10 yuan / ton.


The scrap steel market in Northeast China is strong first and then weak, the maintenance is increasing gradually, the arrival is increasing, and the purchase price is likely to be lowered. The purchase price of Linggang heavy waste steel is 3720 yuan / ton, up 60 yuan / ton; The purchase price of heavy waste steel of jianlongxi steel is 3665 yuan / ton; The purchase price of heavy waste steel of Angang is 3745 yuan / ton; The purchase price of Fushun Special Steel Heavy scrap is 3690 yuan / ton.


The price of scrap steel in North China is stable, market resources are tight, the atmosphere of business watching is strong, and the daily cycle ratio of steel mills has recovered. The purchase price of heavy waste steel pipe in Tianjin is 3830 yuan / ton, up by 50 yuan / ton; The purchase price of heavy waste steel for Shougang steel relocation is 4080 yuan / ton; The purchase price of heavy-duty class II scrap steel of Baotou Steel is 3889 yuan / ton; The purchase price of heavy waste steel of TISCO is 3450 yuan / ton.


Hot Products

CONTACT US
Request a Quote