MONTHLY: China's ELV recycling to slow in July

After rising mildly in June, the total volume of ferrous scrap recycled from end-of-life (ELV) vehicles in July is expected to retreat again, under the pressure of falling domestic demand for scrap materials and weakening scrap prices, Mysteel's latest survey results suggest.

In June, a total of 28,115 units of ELVs were scrapped and shredded by the 85 Chinese automotive dismantling companies under Mysteel's tracking, slightly up by 0.1% from May, though the volume was 15% lower compared with the same month in 2025. Last month, many automakers launched promotional campaigns to