Latest news on China Steel Scrap markets

WEEKLY: China ferrous scrap prices climb further, mills' stocks accumulate

Chinese prices for steel scrap continued to strengthen during the past week, driven by further rises in finished steel prices, the results of Mysteel's latest survey showed.

WEEKLY: Chinese EAF mills' output touches 7-month high

Steel production among China's electric-arc-furnace (EAF) steelmakers continued to increase during the past week, even though the mills' losses on sales widened, Mysteel's latest survey showed.

MONTHLY: China's ELV recycling volume to drop further in January

The volume of ferrous scrap recycled from end-of-life vehicles (ELVs) in China is expected to continue shrinking this month as trading activity in the scrap market is seen cooling gradually, Mysteel's latest survey suggests.

Shagang raises ferrous scrap purchase prices to attract deliveries

Shagang Group (Shagang), the leading electric-arc-furnace (EAF) steel producer headquartered in East China's Jiangsu province, announced on Monday evening that it would lift its steel scrap buying prices by Yuan 50/tonne ($7.2/t) for all grades, effective from Tuesday morning.

Taiwan's Feng Hsin rolls over rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to hold its rebar list prices and buying prices for local scrap for transactions over January 12-16 to monitor any market changes in the coming week, according to a company official.

How did global ferrous scrap market perform in CY'25?

Consumption falls 5% but scrap-based steel production up 1%. Imports edge up on firm Asian demand despite uneven steel output. Policy controls increasingly distorting global scrap availability

WEEKLY: China steel scrap prices rebound, demand wanes

Chinese prices for steel scrap rose steadily last week in tandem with the strengthening prices of finished steel and other steelmaking raw materials, the results of Mysteel's latest survey showed.

FLASH: Kanto Tetsugen scrap export price jumps $7

The top bid in Friday morning's auction for Japanese H2 grade ferrous scrap for export through Tokyo Bay before end-February was Yen 46,771/tonne ($298/t) FAS, higher by a huge Yen 1,083/t from the winning bid in last month's tender for current month shipments, auction organizer the Kanto Tetsugen h

MONTHLY: China's ferrous scrap prices may soften in January

Chinese prices of ferrous scrap are likely to continue nudging lower this month as steelmakers easing back on production may cause scrap demand to shrink, Mysteel's latest report on the market suggests.

Taiwan's Feng Hsin holds rebar price, lifts scrap prices by $6/t

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list price again for business negotiations over January 5-9, a company official has confirmed, but has raised its buying price for local scrap by TWD 200/tonne ($6.4/t) fo