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The domestic scrap steel market is running strongly.

Date: 2022-08-17
Views: 4


China Metallurgical News (August 17, 2022 06th edition 6th edition)

Information Statistics Department of China Scrap Iron and Steel Application Association

Last week, the domestic scrap steel market operated strongly, the market mentality improved slightly, and the arrival of steel mills improved, but due to the hot and rainy weather, the base's receipt was generally low. Compared with the previous week, the average purchase price of scrap steel in key steel enterprises has increased by 148 yuan/ton, the price of medium-sized scrap steel has increased by 159 yuan/ton, and the price of unified scrap steel has increased by 127 yuan/ton.
At the beginning of last week, the finished materials market strengthened, and the resources in the superimposed scrap steel market were scarce, the arrival of steel mills was not large, and production was in a state of consumption inventory. The price of scrap steel has been strong and generally rising. After the purchase price of scrap steel rose, the arrival of steel mills improved. Last week, the price trend of mid-line snail futures fluctuated, and the spot market was weak. Under the influence of high-temperature weather, market trading was relatively light. Steel mills take a cautious wait-and-see attitude towards the future market, which has a negative impact on the performance of the scrap steel market. The operation of the scrap steel market has gradually stabilized, and the purchase price of scrap steel in steel mills is adjusted narrowly according to the arrival, consumption and inventory. It is expected that the scrap steel market will be in full operation in the near future.
The price of scrap steel in East China continues to rise, which is greater than that of finished steel, but due to the extremely hot weather, the arrival situation of steel mills is still not ideal. The purchase price of Nangang heavy scrap steel is 2,930 yuan/ton, with an increase of 300 yuan/ton; the purchase price of sand steel heavy waste steel is 3,130 yuan/ton, up by 300 yuan/ton; the purchase price of Xingcheng Special Steel heavy waste steel is 3,320 yuan/ton, an increase of 300 yuan/ton; the purchase price of Masteel heavy waste steel is 2,880 yuan/ton. , raised by 280 yuan/ton; Tongling Fuxin suspended the procurement of scrap steel; the bidding price of Shangang Lai steel bar cutting was 3,380 yuan/ton, and the purchase price of 100 yuan/ton; the purchase price of Xiwang Metal high-quality heavy waste steel was 3,230 yuan/ton, an increase of 70 yuan/ton; the purchase base price of heavy waste steel of Ningbo Iron and Steel in August was 2,656. Yuan/ton.
The price of scrap steel in Central China has generally risen, the consumption of scrap steel in steel mills is stable, and the procurement enthusiasm is not bad. The arrival volume of the base is generally small. Some merchants look forward to rising and selling. The purchase price of heavy-duty scrap steel of Angang is 3,150 yuan/ton, with an increase of 330 yuan/ton; the purchase price of Wugang heavy-duty scrap steel is 3,450 yuan/ton, with an increase of 300 yuan/ton; the purchase price of first-class qualified materials of Hunan Iron and Steel Henggang is 2,890 yuan/ton, an increase of 410 yuan/ton; the procurement price of low-sulfur pressure block scrap steel of Wuhan Iron and Steel is 31 00 yuan/ton.
The price of scrap steel in South China has risen, the market resources are tight, the receipt of the base is poor, and the arrival of steel mills is not as expected. The purchase price of Minguang heavy waste steel of Sangang is 3,110 yuan/ton, an increase of 50 yuan/ton; the cash arrival price of heavy-duty Class II scrap steel of Shaogang is 2,930 yuan/ton, an increase of 130 yuan/ton.
The price of scrap steel in the southwest has risen steadily, and the mentality of merchants has improved, but the enthusiasm for shipment is not high. Electric furnace steel mills produce many staggered peaks, the consumption of scrap steel is not large, and the inventory is generally low. The tax-exclusive price of heavy-duty scrap steel of heavy steel is 3,000 yuan/ton, which has been raised by 100 yuan/ton; Kungang has not purchased scrap steel for the time being.
The scrap steel market in the northwest is highly volatile, and the inventory of steel mills is not large. The overall arrival is average, merchants' shipments are relatively slow, and the wait-and-see mood is strong. The purchase price of Xining Special Steel Medium-sized Qualified Material is 3,250 yuan/ton, an increase of 50 yuan/ton; Jiugang has not purchased scrap steel for the time being.
The scrap steel market in Northeast China is running strongly, and some resources flow to North China. After the purchase price of scrap steel in steel mills is raised, the arrival volume is still not large, and most of the inventory is low. Linggang Heavy Waste Steel Purchase Price is 3,120 yuan/ton, an increase of 120 yuan/ton; Jianlong West Steel (Yichun Region) Heavy Waste Steel Purchase Price is 2,950 yuan/ton; Angang Heavy Waste Steel Purchase Price is 3,051 yuan/ton; Fushun Special Steel Heavy Waste Steel Purchase Price is 3,390 yuan/ton, and an increase of 390 yuan/ton.
The price of scrap steel in North China has risen slightly, and the market wait-and-see atmosphere is strong. The daily arrival and daily consumption of steel mills are basically the same. The purchase price of Tianjin steel pipe heavy-duty Class II scrap steel is 3,300 yuan/ton, an increase of 50 yuan/ton; the purchase price of Shougang Qiangang heavy-duty scrap steel is 3,180 yuan/ton, an increase of 100 yuan/ton; the purchase price of Baosteel heavy-duty Class II scrap steel is 3,180 yuan/ton, an increase of 155 yuan/ton.
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