Latest news on China Steel Scrap markets

Feng Hsin lifts rebar, scrap prices further

Feng Hsin Steel, Taiwan's largest rebar producer and headquartered in Taichung in central Taiwan, has decided to raise its rebar list prices and local scrap purchase prices for transactions over April 13-17 to reflect the higher prices of global scrap delivered to Taiwan, according to a company offi

WEEKLY: China ferrous scrap prices stay stable, demand rises further

Chinese prices of ferrous scrap held steady during the past week, even though prices of finished steel products eased slightly during the same period, Mysteel's survey showed. The continuous rise in demand for scrap feeds among steelmakers underpinned the scrap prices, survey respondents said.

Tokyo Steel lifts scrap buying prices after auction price jump

The huge jump in price in Thursday's auction for Japanese H2 grade scrap for export through Tokyo Bay before end-May has prompted Japan's largest domestic mini-mill, Tokyo Steel Manufacturing, to announce an increase in its buying prices in an effort to dissuade traders from exporting. But the incre

MONTHLY: China's ELV recycling rate seen rising further in April

The volume of ferrous scrap recycled from end-of-life vehicles (ELVs) in China has recovered steadily during the past month and is expected to increase further in April as domestic automobile scrapping companies continue to ramp up operations, Mysteel's latest survey suggests.

Turkiye's ferrous scrap imports drop 9% YoY in February

Turkiye's imports of ferrous scrap in February slumped 17.7% from January to reach 1.4 million tonnes, which was also lower by 9.4% compared with the same month last year, according to the latest data released by the Turkish Statistical Institute (TUIK).

MONTHLY: China ferrous scrap prices to stay stable in April

After rising steadily for three months straight, Chinese prices for steel scrap are expected to fluctuate within a narrow range in April, with both the supply and demand of scrap materials increasing, Mysteel's latest report on the market suggests.

WEEKLY: Chinese ferrous scrap prices retreat further

Chinese prices for ferrous scrap continued to nudge downward during the past week, although scrap demand improved further as steelmakers lifted their output, Mysteel's latest survey showed.

Taiwan's Feng Hsin lifts rebar, scrap prices again

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to lift its rebar list prices and buying prices of local scrap for transactions over April 7-10 to reflect the steady rise in global scrap prices, a company official confirmed on Tuesday morning

Taiwan's Feng Hsin hikes rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to raise its rebar list prices and buying prices of local scrap for transactions over March 30-April 2 in response to the continuous growth in global scrap prices, a company official confirmed o

WEEKLY: Chinese ferrous scrap prices dip, demand grows further

After rising for four weeks straight, Chinese prices for ferrous scrap retreated slightly during the past week in parallel with the weakening of finished steel prices, Mysteel's latest survey showed. Scrap demand among domestic steelmakers continued to expand, however.