Domestic scrap prices were mixed

Last week, domestic scrap prices were mixed, market transactions were general, business sentiment was low, the enthusiasm for receiving goods was not high, and steel demand for scrap was reduced. Compared with the previous week, the average purchase price of scrap in key steel enterprises was reduced by 11 yuan/ton for heavy steel scrap, 14 yuan/ton for medium steel scrap, and 17 yuan/ton for aggregate steel scrap.

Entering the off-season, steel demand continued to weaken, the superimposed futures plate price fell, and the spot price fell simultaneously, resulting in the profit margin of steel enterprises continued to be compressed, steel enterprises were again cautious about the purchase of raw materials, and suppressed the rise in scrap steel prices. At present, the scrap market resources are tight, the amount of goods received in many sites is limited, the inventory is at a low level, and the scrap processing efficiency is reduced under high temperature weather, short-term resource recovery and supply are difficult to improve, which forms a certain support for the scrap price. Overall, it is expected that the domestic scrap market will run in a narrow range in the near future.

The scrap market in East China is first strong and then weak, market confidence is frustrated, and the arrival volume of processing sites has declined, which has suppressed the decline in scrap prices to a certain extent. Nangang heavy steel scrap purchase price is 2740 yuan/ton; Shagang heavy steel scrap purchase price is 2850 yuan/ton, up 50 yuan/ton; Xingcheng Special steel heavy scrap purchase price is 2910 yuan/ton; Masteel heavy scrap purchase price is 2550 yuan/ton; Tongling Fuxin heavy steel scrap purchase price is 2820 yuan/ton; The bidding price of Shanguang Laigang steel chip block is 2800 yuan/ton, up 20 yuan/ton; Ningbo Iron and Steel in July heavy scrap purchase base price of 2633 yuan/ton.

In central China, the scrap market is weak, businesses to avoid risks, maintain low inventory operation, affected by the weather, the arrival of steel scrap has declined. Angang heavy steel scrap purchase price is 2890 yuan/ton; Wugang heavy steel scrap purchase price of 3030 yuan/ton, down 30 yuan/ton; Hunan Iron and Steel Henggang heavy scrap factory price excluding tax is 2410 yuan/ton, down 50 yuan/ton; Wisco low sulfur block scrap steel purchase price is 2860 yuan/ton.

The scrap market in South China is running in a narrow range, the market supply is tight, the arrival of steel enterprises is reduced, the electric arc furnace steel enterprises are generally losing money, and the price is not strong. Sangang Minguang heavy steel scrap purchase price is 2770 yuan/ton, down 30 yuan/ton; The ex-factory price of Shaogang laminated steel plate excluding tax is 2500 yuan/ton, down 20 yuan/ton; Angang Lianzhong first grade carbon steel scrap (crushing material) purchase price is 2770 yuan/ton, down 50 yuan/ton.

The scrap market in southwest China is in shock operation, scrap is in short supply, some steel enterprises are losing money, and prices are rising and falling. Heavy steel scrap excluding tax price of 2490 yuan/ton, an increase of 30 yuan/ton; Kungang block scrap purchase price is 2580 yuan/ton.

The scrap market in Northwest China is stable and weak, businesses have a strong wait-and-see mood, steel enterprises are generally active in production, and scrap consumption has decreased slightly. Xining Special steel heavy steel scrap purchase price is 2619 yuan/ton, down 70 yuan/ton; The purchase price of medium-sized scrap steel is 2540 yuan/ton.

The scrap market in the northeast region is running in a narrow range, the business mentality is cautious, the arrival of steel enterprises is OK, and the price is not enough. Jianlongxi Steel (Yichun area) heavy steel scrap purchase price is 2689 yuan/ton; Angang heavy steel scrap purchase price is 2882 yuan/ton, down 20 yuan/ton; Fushun Special Steel heavy scrap purchase price is 2870 yuan/ton.

Scrap prices in North China first up and then down, business sentiment is weak, base receiving situation is poor, steel demand is general. Shougang Qian Steel heavy scrap purchase price is 2940 yuan/ton, down 20 yuan/ton; Tianjin steel pipe heavy class II scrap purchase price is 2940 yuan/ton; Baotou Steel medium scrap purchase price is 2915 yuan/ton, up 33 yuan/ton; Hegang Stone Steel heavy steel scrap price excluding tax is 2629 yuan/ton, down 9 yuan/ton.