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

Strong domestic scrap market operation (October 9th to October 15th)

Oct. 26, 2021

After the National Day, the power curtailment policy in some regions has been loosened, the demand for scrap steel has increased, the purchase price of scrap has increased, the market has gradually recovered, the scrap market has been operating strongly, resources are tight, and business operations are mostly based on fast in and out. , Steel mills purchase on-demand according to their own conditions, and most of them are acceptable. After a week of adjustments, the current stocks of steel mills are acceptable, and scrap prices are expected to fluctuate and run weakly in the short term.

Strong domestic scrap market operation (October 9th to October 15th)

The scrap steel market in East China is operating strongly, and most steel mills are cautious and wait-and-see after the price increases. Nangang's heavy scrap purchase price is 3790 yuan/ton, an increase of 150 yuan/ton; Shagang's heavy scrap purchase price is 3,920 yuan/ton, an increase of 150 yuan/ton; Xingcheng Special Steel's heavy scrap purchase price is 3850 yuan/ton, an increase 100 yuan/ton; Maanshan Iron & Steel's ordinary heavy scrap purchase price is 3750 yuan/ton, increased by 150 yuan/ton; Tongling Fuxin heavy scrap purchase price is 4,070 yuan/ton, increased by 220 yuan/ton; Xiwang metal fine heavy scrap purchase The price is 3850 yuan/ton, an increase of 290 yuan/ton; Ningbo Iron and Steel's October heavy scrap purchase base price is 3616 yuan/ton.


Scrap steel prices in central China have risen slightly, and steel mills' arrivals and consumption are basically the same, and market resources are in short supply. Angang's heavy scrap purchase price is 3980 yuan/ton, an increase of 110 yuan/ton; Wugang's heavy scrap purchase price is 4150 yuan/ton, an increase of 110 yuan/ton; Valin Henggang's first-level qualified material purchase price is 3710 yuan/ Tons; the purchase price of Wuhan Iron and Steel's low-sulfur scrap steel is 4,040 yuan/ton.


Scrap prices in southern China have fluctuated, with steel mills generally receiving better goods, and demand for scrap has increased. Sangang Minguang heavy scrap purchase price is 3880 yuan/ton, an increase of 110 yuan/ton; Shaoguan Iron and Steel's heavy-duty second-class scrap price is 3510 yuan/ton, which is reduced by 60 yuan/ton.


The scrap steel market in the southwestern region is operating weakly, and merchants are pessimistic about the market outlook, and inventories maintain their position. The heavy-duty No. 1 scrap of Chongqing Iron & Steel Co., Ltd. is 3560 yuan/ton excluding tax, down 160 yuan/ton; Kunming Iron and Steel's heavy-duty scrap purchase price is 3887 yuan/ton, down 153 yuan/ton.


The scrap market in Northwestern China is operating weakly, and the scrap consumption of steel mills is decreasing, and merchants are actively shipping. The purchase price of Xining Special Steel's medium-sized first qualified material is 3,830 yuan/ton, down 40 yuan/ton; the purchase price of Jiuquan Steel's heavy scrap steel is 3,511 yuan/ton, up 100 yuan/ton.


The scrap steel market in Northeast China is operating strongly, and steel mills have increased prices to absorb stocks and replenish inventory. Linggang's heavy scrap purchase price is 3950 yuan/ton, an increase of 60 yuan/ton; Jianlong Xigang's heavy scrap purchase price is 3745 yuan/ton, an increase of 100 yuan/ton; Anshan Iron and Steel has not yet purchased scrap.


The scrap steel market in North China is operating steadily and strongly. Affected by the control of environmentally friendly vehicles, the delivery volume of steel mills has fallen, and the overall inventory is insufficient, which has increased the absorption of goods. The purchase price of Tianjin Steel Pipe's heavy scrap steel is 4,030 yuan/ton, an increase of 140 yuan/ton; the purchase price of Shougang Qiangang's heavy scrap steel is 4170 yuan/ton, an increase of 90 yuan/ton; the purchase price of Baotou's heavy-duty second-class scrap steel is 4397 yuan/ton , Raise 102 yuan/ton; Taiyuan Iron and Steel's heavy scrap purchase price is 3740 yuan/ton.


Hot Products

CONTACT US
Request a Quote