Last week, the domestic scrap market was strong and then weak. The purchase price of steel mills hit a record high, the enthusiasm for production was unprecedentedly high, and the consumption of scrap steel repeatedly hit new highs. In the second half of last week, as futures and spot prices fell, merchants’ shipments accelerated. Increased shipments from steel mills.

Compared with the previous week, the average purchase price of scrap for key steel enterprises has increased by 315 yuan/ton for heavy scrap, 332 yuan/ton for medium-sized scrap, and 370 yuan/ton for aggregate scrap.

Recently, rebar futures and spot prices have risen wildly. Scrap steel merchants are bullish and reluctant to sell. Steel mills have not seen a significant improvement in their arrivals, and inventories have slowed down. Affected by policy expectations, cargo plunged in the second half of last week, scrap steel merchants began to ship, and prices experienced a tentative slight correction. Considering that the current steel mill profits are still considerable and the demand for scrap steel is strong, it is expected that the short-term scrap price will enter a high adjustment stage.

The scrap steel market in East China is operating strongly, and the price fluctuates with the price of finished products. The purchase price of heavy scrap of Nangang is 4150 yuan/ton, an increase of 570 yuan/ton; the purchase price of heavy scrap of Jiangsu Shagang is 4250 yuan/ton, an increase of 470 yuan/ton; the purchase price of heavy scrap of Xingcheng Special Steel is 4310 yuan/ton, Increased 510 yuan/ton; Maanshan Iron & Steel's heavy scrap purchase price was 3810 yuan/ton, increased 300 yuan/ton; Tongling Fuxin's heavy scrap purchase price was 3690 yuan/ton, increased 150 yuan/ton; Laiwu Steel's rebar briquetting price The purchase price of Xiwang Metal's fine heavy scrap steel is increased to 4,190 yuan/ton, which is increased by 420 yuan/ton; the base price of Ningbo Iron and Steel's heavy scrap purchases in May is 3955 yuan/ton, which is increased by 790 yuan/ton. Ton.

The scrap steel market in Central China was strong first and then weak. The purchase prices of some steel mills hit record highs, and consumption continued to increase. The purchase price of Angang's heavy scrap steel is 3910 yuan/ton, an increase of 240 yuan/ton; the purchase price of Wugang's heavy scrap steel is 4240 yuan/ton, an increase of 470 yuan/ton; the purchase price of Hualing Henggang's first-class qualified material is 3340 yuan/ Ton, the price is raised by RMB 80/ton; the purchase price of WISCO's pure scrap steel is RMB 3,950/ton.

The scrap steel market in South China experienced a slight correction after the price of finished products soared. The merchants' mentality was unstable and their shipments were active. Sangang Minguang's heavy scrap purchase price is 4200 yuan/ton, an increase of 380 yuan/ton; Shaoguan Iron and Steel's heavy-duty second-class scrap price is 4140 yuan/ton in cash.

The scrap steel market in the southwest region continues to strengthen, with steel mills having sufficient profits, large scrap consumption, and active purchases. The heavy-duty No. 1 scrap of Chongqing Iron and Steel Co., Ltd. is 3610 yuan/ton excluding tax, an increase of 220 yuan/ton; Kunshan Iron and Steel's heavy-duty scrap purchase price is 3780 yuan/ton, an increase of 100 yuan/ton.

The scrap steel market in the Northwest region is operating strongly, and after the price rise slows down, the volume of steel mills' arrivals has increased. The purchase price of Xining Special Steel's medium-sized first qualified material is 3950 yuan/ton, an increase of 400 yuan/ton; the purchase price of JISCO's heavy scrap steel is 3010 yuan/ton.

The scrap steel market in the Northeast region is rising strongly, and steel mills can still arrive after the price correction. Linggang's heavy scrap purchase price is 3680 yuan/ton, an increase of 100 yuan/ton; Jianlong Xigang's heavy scrap purchase price is 3825 yuan/ton, an increase of 210 yuan/ton; Fushun Special Steel's heavy scrap purchase price is 3340 yuan/ton Ton.

Market resources in North China are limited, and demand from steel mills is strong. The purchase price of Tianjin Steel's heavy scrap steel is 3740 yuan/ton, an increase of 150 yuan/ton; the purchase price of Shougang Qiangang's heavy scrap steel is 4250 yuan/ton, an increase of 500 yuan/ton; the purchase price of Baotou Steel's heavy-duty second-class scrap is 3902 yuan/ton , Raise 95 yuan / ton; Taiyuan Iron and Steel's heavy scrap purchase price is 3670 yuan / ton, raise 320 yuan / ton.