The domestic scrap market continues to operate strongly

Last week, the domestic scrap market continued to operate strongly, businesses were stable, the arrival of raw materials in the base was reduced, steel companies were mainly stable procurement, and scrap consumption increased. Compared with the previous week, the average purchase price of heavy steel scrap was increased by 29 yuan/ton, the price of medium-sized scrap was increased by 24 yuan/ton, and the price of aggregate scrap was increased by 13 yuan/ton.

Last week, the finished steel market was weak, the profits of steel companies were compressed, and scrap merchants kept low inventory status in order to avoid risks, and their willingness to stock up was poor. At the same time, many places in the north ushered in a wide range of strong snow weather, resulting in some high-speed road closures, scrap transportation was affected, some steel enterprises arrived in poor condition, inventory is still low. With the widening of the price difference between hot metal and scrap, the cost performance of scrap production continues to improve, the scrap consumption of steel enterprises is gradually increasing, and the scrap procurement is active. Overall, in the case of strong supply and demand, it is expected that the short-term domestic scrap market will continue to maintain a narrow range of consolidation.

The scrap market in East China is narrow and strong, businesses are not willing to stock up, and the amount of steel companies arriving can meet the consumption. Nangang heavy steel scrap purchase price is 2940 yuan/ton, up 30 yuan/ton; Shagang heavy scrap purchase price is 2970 yuan/ton; Xingcheng Special steel heavy scrap purchase price is 3030 yuan/ton, up 30 yuan/ton; Masteel heavy scrap purchase price is 2720 yuan/ton; Tongling Fuxin heavy steel scrap purchase price is 3030 yuan/ton; The bidding price of Shangang Laigang steel bar block is 3100 yuan/ton, up 50 yuan/ton; Ningbo Iron and Steel in December heavy scrap purchase base price of 2520 yuan/ton.

The scrap market in central China is running strongly, steel companies have begun winter storage, and the arrival of scrap after the price rise is better, and the pressure on winter storage is not large. Angang heavy steel scrap purchase price is 2940 yuan/ton; Wugang heavy steel scrap purchase price of 3180 yuan/ton, up 50 yuan/ton; Hunan Iron and Steel Henggang heavy scrap purchase price is 2640 yuan/ton; Wisco low sulfur block scrap purchase price of 3070 yuan/ton, up 140 yuan/ton.

The scrap price in South China has risen steadily, the market supply is relatively sufficient, the overall arrival situation of steel enterprises is better, and the consumption has maintained a high level. Sangang Minguang heavy steel scrap purchase price is 2920 yuan/ton; Shaosteel heavy class II scrap factory price excluding tax is 2740 yuan/ton, up 10 yuan/ton; Angang Lianzhong first grade carbon steel scrap purchase price is 3050 yuan/ton, up 80 yuan/ton.

The scrap price in Southwest China is generally stable, scrap is more cost-effective than molten iron, and steel enterprises actively use scrap to support scrap prices. Heavy steel scrap excluding tax price of 2700 yuan/ton, an increase of 20 yuan/ton; The purchase price of scrap steel is 2760 yuan/ton.

The scrap market in Northwest China is running smoothly, scrap production is down, circulation resources are reduced, business wait-and-see sentiment is strong, and the site scrap is not much. Xining special steel heavy scrap purchase price is 2807 yuan/ton; The purchase price of medium-sized scrap steel is 2550 yuan/ton.

The scrap market in Northeast China is running strongly, steel enterprises are purchasing actively, and the base inventory is less. Ling Steel heavy scrap purchase price is 2900 yuan/ton; Jianlongxi Steel (Yichun area) heavy steel scrap purchase price is 2870 yuan/ton, up 130 yuan/ton; Angang heavy steel scrap purchase price is 3051 yuan/ton; Fushun Special Steel heavy scrap purchase price is 3080 yuan/ton, up 30 yuan/ton.

The price of scrap steel in North China has risen steadily, affected by heavy snow weather, transportation has been seriously hindered, and steel scrap has arrived poorly, mainly to consume inventory. Tianjin steel pipe heavy class II scrap purchase price is 3020 yuan/ton; Shougang Qian Steel heavy scrap purchase price is 3080 yuan/ton; Baotou Steel medium scrap purchase price is 3080 yuan/ton; Hegang Stone Steel heavy scrap price excluding tax is 2701 yuan/ton, up 36 yuan/ton.