Welcome to Yangtze Steel Group !
WhatsApp：+86 13863585577 E-mail : sales@yangtzepipe.com
The domestic scrap steel market in China is operating in a stable but slightly strengthening trend.
Last week, the domestic scrap steel market remained stable with a slight upward trend. Overall market supply remained tight, with base collection volumes still at low levels. Steel mills saw a significant decline in incoming shipments, leading to a slight decrease in inventory. Compared to the previous week, the average scrap steel procurement prices at major steel mills increased as follows: heavy scrap steel rose by 7 yuan/ton, medium scrap steel rose by 14 yuan/ton, and mixed scrap steel rose by 9 yuan/ton.
Recently, the finished steel market has faced oversupply, with steel demand showing no signs of improvement. The steel market has fluctuated, leading to reduced profits for steel mills, diminished production enthusiasm, and weakened demand for scrap steel. Steel mill inventories remain broadly low with a continuing downward trend. Base inventories are also at low levels, and scrap processing volumes have decreased. However, overall market supply remains tight, coupled with persistently low steel mill inventories, which supports scrap prices. Overall, the domestic scrap steel market is expected to fluctuate within a narrow range in the near term.
Scrap steel,Scrap steel market,Steel market
Previous Page
Previous Page
RELATED NEWS
Applications and Classification of Special-Shaped Steel Tubes
Special-shaped seamless steel tubes are widely used in various structural components, tools, and mechanical parts. Compared to round tubes, non-circular tubes generally possess larger moment of inertia and section modulus, offering greater resistance to bending and torsion. This significantly reduces structural weight and conserves steel resources.
2025
09-15
ShanSteel Group Successfully Develops European Standard Light-Thin Series H-Beams
Shandong Steel's Steel Section Plant has recently successfully developed a series of thin and light H-shaped steels that meet European standards, including HE180AA, IPE240A, IPE270A, and IPE300A, and successfully achieved a one-time trial production on its medium-sized production line.
2025
09-10
Serbian President Aleksandar Vučić met with Liu Jian, Chairman of HBIS Group.
Serbian President Aleksandar Vučić met with Liu Jian, Chairman of HBIS Group, in Beijing. Both sides highly commended the achievements of HBIS Group’s investment and cooperation in Serbia, and focused their discussions on establishing a China-Serbia joint laboratory and future development plans.
2025
09-09
With its outstanding strength and high-quality services, Yangtze Steel won the highest honor of "Annual Five-Star Merchant" from Alibaba International Station.
2025
09-03
The 2025 Cold-Rolled Sheet/Strip Technology Exchange Conference Concludes Successfully
The 2025 Cold Rolling Sheet Metal Technology Exchange Conference was successfully held, focusing on green intelligent manufacturing and lubrication technology innovation, and promoting the efficient and high-quality development of the industry.
2025
08-25
CONTACT US
Tel : +86 13863585577
E-mail : sales@yangtzepipe.com
WhatsApp ：+86 13863585577
Add：Beijing office:No. 8, Huaichang Road, Huairou District
Add：Liaocheng office:Rongfu Center, Dongchang East Road
GET A FREE QUOTE
Copyright : Yangtze Steel Group 鲁ICP备2022017065号-4 China Steel Market
