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The Market Maintains A High Level And Many Steel Mills Raise The Purchase Price Of Scrap.
Oct 23, 2018


From October 6 to October 12, the domestic scrap market continued to maintain a high level of operation, and prices rose more or less. Key steel mills across the country adjust purchase prices based on their arrival and inventory.


Compared with last week, the average scrap price of key steel scraps was increased by 17 yuan/ton, the price of medium-sized scrap was 14 yuan/ton, and the price of scrap was raised by 13 yuan/ton. The average purchase price of steel pig iron was raised by 47 yuan/ton compared with last week.

After the 11th holiday, the steel mill's scrap inventory has declined slightly, and the willingness to replenish the warehouse is strong. Recently, the steel market is gradually stabilizing, and it is expected to go out of the shock market. With the advent of the autumn and winter seasons, environmentally-friendly production restrictions have been introduced one after another, resulting in reduced production of molten iron. Steel mills only have to increase the ratio of scrap to achieve production and increase production. Scrap traders are optimistic about the market outlook, and hope that the resurgence of sales will be strong. It is expected that the scrap market will continue to fluctuate at a high level in the later period, and the upward trend is difficult to change.


Huadong Region:

The scrap market in the region has risen steadily and stocks have declined. Shanghai Baosteel heavy scrap purchase price 2100 yuan / ton; Nanjing Iron and Steel (converter plant) heavy scrap 2680 yuan / ton; Jiangsu Shagang heavy scrap 2720 yuan / ton; Suzhou steel furnace a scrap 2630 yuan / ton: Xingcheng special steel heavy scrap 2650 yuan / ton; Anhui Maanshan steel heavy scrap 2700 yuan / ton; Tongling Fuxin unified scrap 2391 yuan / ton; Fangda special steel heavy scrap 2670 yuan / ton; Laiwu steel light briquetting A tender price 2580 yuan / ton, Upward adjustment of 10 yuan / ton; Shandong Shiheng special steel heavy scrap 2761 yuan / ton, excluding tax increase of 50 yuan / ton; Xiwang metal heavy scrap 2946 yuan / ton, excluding tax increase of 40 yuan / ton; Ningbo steel heavy scrap The base price of purchase is 2,587 yuan / ton, excluding tax increase of 100 yuan / ton. Other key steel companies are holding steady.


The purchase price of heavy-weight qualified materials for key steel enterprises is 2100 yuan / ton ~ 2946 yuan / ton, and the purchase price of medium-sized qualified materials is 1280 yuan / ton ~ 2900 yuan / ton.


Central China:

The scrap market price in the region is stable. Anyang steel heavy scrap 2720 yuan / ton, down 20 yuan / ton; Wuyang steel heavy scrap 2740 yuan / ton; WISCO gold low sulfur block 2680 yuan / ton; Xinye steel heavy scrap 2590 yuan / ton; Xiangtan steel first Briquetting block 2790 yuan / ton; Hengyang steel pipe heavy scrap 2650 yuan / ton; Wuyuan steel grade material base price 2340 yuan / ton. Other key steel companies are holding steady.


The purchase price of heavy-weight qualified materials for key steel enterprises is 2,340 yuan / ton to 2,790 yuan / ton, and the purchase price of medium-sized qualified materials is 2,350 yuan / ton to 2,600 yuan / ton.


South China:

The scrap market in the region has risen steadily and steel mills have low stocks. Sangang Shuguang heavy scrap 2670 yuan / ton; Liuzhou steel heavy scrap 2640 yuan / ton, up 70 yuan / ton; Shaoguan steel heavy scrap (2) 2870 yuan / ton, up 60 yuan / ton.

The purchase price of heavy-weight qualified materials for key steel enterprises is 2,640 yuan / ton to 2,870 yuan / ton, and the purchase price of medium-sized qualified materials is 2,470 yuan / ton to 2,700 yuan / ton.


Southwest Region:

The scrap market in the region is stable and strong, and steel mills are willing to replenish their stocks. Sichuan Panzhihua Iron and Steel Great Wall heavy scrap 2517 yuan / ton; Guizhou Shuicheng steel heavy scrap 2610 yuan / ton; Yunnan Kunming steel heavy scrap 2758 yuan / ton.

The purchase price of heavy-weight qualified materials for key steel enterprises is 2,500 yuan / ton to 2,758 yuan / ton, and the purchase price of medium-sized qualified materials is 2,430 yuan / ton to 2,713 yuan / ton.


North-west region:

The scrap market in the region is running weakly and the steel mills are in stock. Xining Special Steel Heavy Duty Scrap 2,430 yuan / ton; Bayi Steel Heavy Duty Scrap 2,230 yuan / ton, down 50 yuan / ton.

The purchase price of heavy-weight qualified materials for key steel enterprises is 2,230 yuan / ton to 2,430 yuan / ton, and the purchase price of medium - sized qualified materials is 2,130 yuan / ton to 2,330 yuan / ton.


North-east area:

The scrap market in the region has risen steadily, and merchants' enthusiasm for shipment is not high. Lingyuan steel heavy scrap 2760 yuan / ton; Fushun special steel heavy scrap 2640 yuan / ton; Benxi steel heavy scrap latest bid price 2850 yuan / ton; Anshan steel heavy scrap tender price 2850 yuan / ton, up 100 yuan / ton; Heavy steel shearing material is 2430 yuan / ton.

The purchase price of heavy-weight qualified materials for key steel enterprises is 2,430 yuan / ton to 2,850 yuan / ton, and the purchase price of medium-sized qualified materials is 2,150 yuan / ton to 2,550 yuan / ton.


North China:

The scrap market in the region is temporarily stable, and steel mills are still available. Tianjin steel pipe heavy scrap 2780 yuan / ton; Shougang Qiangang heavy scrap 3020 yuan / ton; Baotou steel heavy scrap 2950 yuan / ton; Taiyuan steel heavy scrap 2490 yuan / ton.

The purchase price of heavy-weight qualified materials for key steel enterprises is 2,490 yuan / ton to 3020 yuan / ton, and the purchase price of medium-sized qualified materials is 2,350 yuan / ton to 2,940 yuan / ton.


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