WEEKLY: China's ferrous scrap prices continue to slide, mill inventories swell

Source: Mysteel Nov 09, 2026 18:15

China's steel scrap prices continued softening during the past week, taking the decline into its fifth consecutive week, the findings of Mysteel's latest survey showed.

On November 6, Mysteel assessed China's composite steel scrap price at Yuan 2,401.7/tonne ($360/t) including the 13% VAT, down by another Yuan 24.8/t or 1% on week, further expanding the previous week's Yuan 14.9/t decline. Relatively low profitability and weak finished steel prices continued to prompt electric-arc-furnace (EAF) steelmakers to push for lower prices of the raw

Price Curve

Daily Prices

Steel scrap prices: CFR Türkiye

Nov 10, 2026 14:36
Steel scrap procurement prices: China's major mills

Nov 10, 2026 12:53
Mysteel imported steel scrap prices

Nov 10, 2026 11:19
Steel scrap prices: China's major cities

Nov 10, 2026 11:06
Alloy steel scrap prices: China

Nov 10, 2026 10:17

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