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
Jack Sun Awarded the "Honorary Citizen (Family) of the City" Medal
The relevant departments of Municipal Government awarded the "Honorary Citizen (Family) of the City" medal to our company's general manager, Jack Sun, in recognition of his integrity and public welfare contributions. This honor recognizes both his family's sterling tradition and the company's values of responsibility. Jack Sun has consistently integrated social responsibility into corporate development, and his family has long participated in volunteer services and public welfare activities. The company will continue to build a platform for responsibility and contribute to social development.
2025
07-31
Two Employees of Yangtze Steel were Awarded the Liaocheng Talent Certificate
Two Employees of Yangtze Steel were Awarded the Liaocheng Talent Certificate
2025
06-24
Data Experts From the Alibaba Headquarters Came to Provide Guidance
Today, Ms. Peng, a senior data operations expert from Alibaba International Station headquarters, visited our company and provided special guidance on the optimization of Alibaba International Station store operations.
2025
06-17
On-Site Quality Check: Enhancing Partnership with Customers
On-Site Quality Check: Enhancing Partnership with Customers
2025
05-19
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
