Latest news on China Steel Scrap markets

MONTHLY: China's ferrous scrap prices to lose ground in June

After strengthening overall during May, China's steel scrap prices are expected to track a little lower in June, Mysteel's latest market report on the commodity suggests. Finished steel prices are expected to weaken this month, which will soften ferrous scrap prices at a time when scrap demand among

Taiwan's Feng Hsin cuts rebar, scrap prices

Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to cut its rebar list price and buying price of local scrap by TWD 200/tonne ($6.4/t) respectively for transactions over June 1-5, according to a company official.

WEEKLY: China's ferrous scrap prices dip despite firm demand

Chinese prices for steel scrap continued to nudge lower last week in tandem with those of finished steel, even though demand for steel scrap from domestic steelmakers stayed resilient, the results of Mysteel's latest survey showed.

China's steel scrap stocks at qualified yards still hover high

After rising strongly since March, inventories of ferrous scrap piled at scrapyards across China hovered around a seven-month high by late May, as domestic scrap processors maintained active operations in the past few weeks, the findings of Mysteel's latest survey showed.

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

Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has cut its rebar list price by TWD 200/tonne ($6.4/t) for business discussions over May 25-29, while keeping its local scrap purchase price unchanged for the same period, a company official said.

WEEKLY: China's ferrous scrap prices stable, demand expands

Chinese prices for steel scrap faced downward pressure this past week as prices of finished steel products weakened, the results of Mysteel's latest survey showed. Nevertheless, firm demand for scrap materials among steelmakers lent some support to scrap prices.

GACC: China's Jan-Apr ferrous scrap imports jump 27% YoY

China's imports of ferrous scrap during January-April this year added up to 115,274 tonnes, significantly higher by 27% compared with the same period last year, according to the latest statistics from the country's General Administration of Customs (GACC).

BIR highlights key risks to global recycled steel markets in Q1 2026

Freight volatility and geopolitical tensions increased landed scrap costs. Mills increasingly shifted towards domestic and alternative metallics

GACC: China's stainless scrap imports jump 38% MoM in April

China's stainless steel scrap imports jumped 37.6% month on month to 19,431 tonnes in April, which was also higher by 60.2% from April last year, according to new data from the General Administration of Customs (GACC).

China's demolition scrap recycling sector roars back after break

Although the seasonal peak was reached in April, entering this month the volume of ferrous scrap recycled from construction and building demolition sites across China still hovered at a high level, as strengthening steel scrap prices encouraged scrap processors to maintain steady operations, Mysteel