Summary of today's scrap market
Yesterday, the national scrap was mixed. Today, 5 have risen and 2 have declined. At present, the recovery of terminal demand is slow, steel prices are difficult to break through, and the arrival of scrap steel has increased with the fluctuation of the disk, but some steel mills still have the demand for replenishment, and after the coke rises, the cost performance of scrap steel has rebounded, and scrap has some support for the time being, but considering that there is still pressure on the cost side, the price increase and absorption attitude is cautious. It is expected that in the short term, scrap steel will be stable and will operate in a narrow tone on demand.
On April 17, Zhangjiagang scrap arrival statistics: Zhangjiagang unloaded 7,600 tons yesterday, an increase of 1,100 tons from the previous day, and about 16 scrap steel ships at the wharf this morning (-9 compared with yesterday morning), with about 80 cars (-25 compared with yesterday morning).
On April 17, the national scrap was mixed. Among them, the steel mills with price increases are mainly distributed in Jiangsu, Tianjin, Anhui and other places, with an increase of 20-50 yuan/ton, and the steel mills with falling prices are mainly distributed in Shanxi, Guangdong, Liaoning and other places, with a decrease of 10-30 yuan/ton. This week's survey of the finished material inventory and table demand are relatively good, this period of snails also show a strong trend; market confidence has been effectively boosted, the enthusiasm for shipments has declined; considering that the May Day holiday is imminent, steel enterprises also have a certain demand for raw material inventory.
(A mini program has been added here, please go to the Toutiao client to view)
On the whole, the rainy weather, although the arrival of goods in some areas has been affected in the past few days, it has reached the psychological expectations of customers after half a month of rise, and some customers choose to bag for safety and actively ship, so the arrival of some steel mills has increased. The billet is up, the snail is rising, and the demand for replenishment on May Day is in, and the scrap steel support is still there. It is expected that short-term scrap steel will be adjusted in a reasonable and narrow range according to its own inventory.
Analysis of the price trend of scrap steel in various provinces and cities today
【East China】
Jiangsu Daily Commentary: Today, local scrap steel is running steadily. At present, the mainstream transaction prices of steel enterprises: 6 thick steel sheets 2620-2670, 6 heavy scrap 2580-2630, 2-4 shears 2390-2440, shavings 2410-2480, machine pig iron 2540-2590. Today, about 64,500 tons of scrap steel from 26 sample steel mills in Jiangsu arrived, an increase of about 4,800 tons from the previous working day and an increase of about 8.0% month-on-month. At present, the arrival of some steel mills is still not ideal, and the arrival of goods has not yet met the daily consumption. The current steel mill profits have rebounded slightly, but the overall loss is still in a state of loss, if the release of finished steel has not been greatly alleviated, the price of scrap steel has limited room to rise. It is expected that the short-term main stable wait-and-see operation.
Shandong Daily Review: Today's scrap steel prices in the province are temporarily stable, and now Zhengjia 2 thick or more flower material 2650-2660, galvanized flower material 2370-2390, cold plate 1 thickness above 2680-2690, cold plate 1 thickness below 2720-2730. 19,900 tons of scrap steel from 23 sample steel mills in Shandong Province arrived, an increase of 2,100 tons from yesterday. Today, the arrival of most steel mills in the province remains good, basically to meet the consumption, some of the early arrival is not ideal, the inventory of steel mills is gradually rising in recent days. At present, the market is stable, the psychology of expecting to rise is gradually subsiding, and the pace of market shipments is also normal. Yesterday, some steel mills in Tangshan accepted the rise in coke prices, which gave a slight boost to the scrap market, and it is expected that the short-term scrap will be stable.
Fujian Daily Review: Today's local scrap steel owners are running steadily. Qingtuo rose 40. The mainstream transaction price of steel mills: steel sheet 6 thickness 2570-2740, heavy waste 6 thickness 2550-2670, steel bar pelletizing 2630-2760, cold rolled material 2580-2670. Yesterday, a total of 17 sample steel mills in Fujian Province received about 38,100 tons of scrap steel, an increase of 2,200 tons from the previous working day. In this issue, the snail is holding red shocks, and the mentality of merchants tends to be stable, and how fast they run is the mainstay. The arrival volume is flat compared with daily consumption, and steel companies still have the need to replenish the warehouse in the near future. At present, the trend of finished products is acceptable, but the profits of steel enterprises are still in the stage of small losses, and the price increase of scrap steel is limited.
Shanghai Daily Review: Today's local scrap steel is stable and wait-and-see, and the current mainstream material types: steel plate, abrasives 2550-2650, cold-rolled materials 2450-2500, silicon steel sheet 2520-2570, steel bar pelletizing 2600-2650, baled steel bar 2480-2530, heavy waste 2480-2530, shavings 2180-2280, color steel tile 2030-2080. Affected by the rainy weather, the efficiency of receiving and shipping declined, coupled with local environmental inspections, some sites were suspended, and short-term market resources were in short supply, and coke rose to the end of the finished product due to the high cost of raw materials, which is beneficial to scrap steel as a whole, but the profits of steel companies are meager, and there is still a small loss in electric furnace steel, and it is difficult for demand to rebound greatly, and the upside is relatively limited.
Jiangxi Daily Review: Today, Jiangxi scrap steel is running steadily, and Taixin is up 20. Mainstream transaction price in Jiangxi: 2480 for good weight, specific inspection, heavy waste 2450, medium waste 2390, small waste 2340, steel shavings 2380, for reference only. According to today's survey, the arrival of scrap steel from 7 sample steel mills in Jiangxi was 17,600 tons/day, a decrease of 2,500 tons/day from the previous period. Today's market is volatile, the pace of market shipments has slowed down, the arrival of steel companies has declined, and the price of scrap steel has been temporarily supported. However, considering the shutdown and maintenance of individual electric furnace plants in the province, the demand has decreased, and the local scrap price is expected to not change much under the weak supply and demand pattern.
(A mini program has been added here, please go to the Toutiao client to view)
Anhui Daily Review: Today's local scrap steel main stable operation, Lu'an Xinda rose 20, and now the local mainstream factory price: steel sheet 2580-2630, heavy waste 2480-2580, shear 2380-2480. A total of 14 sample steel mills in Anhui Province received 25,500 tons/day of scrap, an increase of 1,100 tons/day from the previous working day. The snail shock strengthened, market confidence was effectively boosted, and the enthusiasm for shipment declined. Combined with the impact of rainy weather, local arrivals may be affected in the past two days, and it is expected that local scrap prices will be supported in the short term, and will continue to rise steadily.
Zhejiang Daily Review: Today's local scrap steel is running steadily. Taozhuang scrap steel: steel bar pelletizing 2620-2640, horseshoe 2550-2600, cold and hot rolling 2500-2520, silicon steel sheet 2570-2580, plate edge 2540-2590, steel head 2510-2560, white galvanized 2440-2460, steel planer 2250-2300. The five sample steel mills in Zhejiang Province arrived 10,100 tons of scrap yesterday, an increase of 00,700 tons from the previous period. This period is now temporarily stable, with a slight increase in the overall situation, and some large steel enterprises in East China have raised by 20~30, and the overall trend is improving. At present, the performance of finished products is average, and the electric furnace is generally slightly loss, and the follow-up increase is limited.
【North China】
Hebei Daily Review: Today's local scrap steel is running steadily. The mainstream transaction price in Tangshan area: weight A2720-2750, flower iron briquetting 2750-2780, steel bar cutting head 2830-2850, excluding tax. At present, 122,400 tons of scrap steel have arrived in 48 sample steel mills in Hebei Province, an increase of about 00,600 tons from the previous period. Yesterday, the arrival of goods in the province was still at a high level, the disk maintained a red shock, market confidence is still unstable, the market maintains fast in and out, with the rise of coke to the ground, but the cost of steel mills has risen, from the cost side, scrap is still not cost-effective, scrap is still bearish, steel mills still have a price reduction mentality for scrap, and it is expected that the short-term scrap steel will be mainly stable and weak.
Tianjin Daily Review: Today's Tianjin scrap steel is stable and strong, Dongli Tiangang steel bar briquetting 2683, Tiangang United steel bar cutting head 2840, Ronggang heavy A2700, Tianjin 3 sample steel enterprises arrived yesterday 03,800 tons, an increase of 00,700 tons from the previous working day. In addition, considering the gradual improvement of fundamental support, the price of finished products remains high and difficult to fall, so it is expected that there is no risk of falling prices in the short term.
Shanxi Daily Review: Today's market scrap steel prices are mainly stable and weak, Liheng fell 20, Huaxinyuan fell 10, the existing Shanxi steel mill mainstream material type purchase price: steel pelletizing 2700-2760, 10 heavy waste 2600-2680, 10 thick scraps 2620-2670, steel briquetting 2540-2640, 1.8 specific gravity crushed material 2430-2520. Today, the scrap arrival volume of 19 sample steel mills in Shanxi Province was 11,200 tons/day, an increase of 1,300 tons/day from the previous period. The disk continues to fluctuate, the arrival of individual steel companies has improved, there is a homeopathic price reduction action, most of the steel companies still hold a stable receipt-based, the current market changes are relatively stable, and considering that the May Day holiday is imminent, steel companies also have a certain demand for raw material inventory, it is expected that in the short term, the local scrap main stable operation, individual adjustment as needed.
Inner Mongolia Daily Review: Today, the local market is running steadily, 6 heavy waste 2350-2460, 8-12 heavy waste 2430-2530, 3-5 thick total material 2220-2320. Today, the arrival of scrap steel from steel mills in Inner Mongolia Province was 6,860 tons, an increase of 1,900 tons from the previous working day. The arrival of steel mills in the province can basically maintain daily consumption, and the short-term scrap steel in the province is basically in a state of balance between supply and demand.
(A mini program has been added here, please go to the Toutiao client to view)
【Tohoku Region】
Daily Review of the Three Eastern Provinces: Today's local scrap steel is stable, with 2660-2720 plate armor, 2640-2690 heavy scrap, and 21,300 tons of scrap from 31 sample steel mills in the three northeastern provinces, a month-on-month change of 2,100 tons. Due to the unstable market confidence in the early stage, some businesses began to actively ship, resulting in the arrival of some local steel mills rebounding, but the recent successive introduction of trade-in policies are still expected to be there, the disk still maintains a volatile upward trend, and the current arrival of scrap steel is only enough to meet the daily consumption demand, scrap prices still have some support, so it is expected that the short-term scrap will continue to run steadily, and steel mills will buy scrap steel on demand.
【Northwest Territories】
Northwest Daily Review: Northwest Scrap Steel Stable Operation, the mainstream transaction prices in Shaanxi are: steel bar pelletizing 2630-2680, heavy scrap 10 thick 2560-2610, heavy waste 8 thick 2500-2550, steel briquetting 2560-2610. 14,150 tons of scrap steel from 14 sample steel mills in the five northwestern provinces arrived, an increase of 00,250 tons month-on-month. At present, the overall arrival can basically meet the daily consumption, but the total inventory is still worrying, considering that the steel mills may have to start preparing the inventory during the May Day holiday, coupled with the fact that the finished products and the table demand of this week's survey are relatively good, the snail is also showing a strong trend. As long as there is no big negative news, it is expected that scrap steel will show a stable trend.
【Central China】
Hubei Daily Review: Since yesterday, some local steel mills have risen. The main reason for the rise is that considering the advent of the May Day holiday, some steel mills are optimistic about the short-term market and choose to pull up the reserve. Considering that the current market is relatively calm, in the case of no major changes in the finished product, more stable wait-and-see, some steel mills will make small adjustments according to their own arrivals. A total of 16 sample steel mills in Hubei Province received 28,100 tons of scrap per day, a decrease of 0.02 thousand tons from the previous working day. At present, the mainstream market price of steel bar pelletizing is 2600-2650 yuan/ton, 6-10 thick steel plate qualified material is 2450-2550 yuan/ton high, 6-10 thick and heavy waste qualified material is 2400-2500 yuan/ton, 10 thick heavy waste qualified material is 2500-2550, 6-10 thick and heavy waste wool is 2350-2450, all cold and hot rolled white iron is 2430-2530 yuan/ton, and 2-4 thick shear material is 2230-2280 yuan/ tons, steel bar lump 2430-2480 yuan/ton, for reference only.
Hunan Daily Review: Since yesterday, individual local steel mills have risen by 20 yuan/ton. At present, the mainstream transaction price in Hunan market: heavy waste 6 thick 2440-2490, steel bar head 2560-2610, machine pig iron 2410-2460. A total of 4 sample steel mills in Hunan Province received 13,300 tons of scrap per day, a decrease of 00,300 tons from the previous working day. At present, the performance of the snail is relatively stable, considering the May Day holiday, as well as the low local arrival and other factors, it is predicted that the short-term change will not be very large, and some steel mills may rise slightly due to lack of stock.
Henan Daily Review: Today's local scrap steel is mainly stable and strong. Wugang rose 40, Fuhua iron sheet fell 50, and others remained unchanged. At present, Anyang and Zhengzhou steel sheets are 6-10 thick 2550-2600 yuan/ton, and heavy waste 6 thick is 2450-2500 yuan/ton, excluding tax. A total of 16 sample steel mills in Henan Province received 17,300 tons per day, an increase of 1,400 tons from the previous working day. Affected by the rise in coke, the cost of molten iron has risen, and the cost performance of scrap has risen, which has temporarily supported the price of scrap. However, considering the poor profits of steel mills and the limited room for scrap to rise, it is expected that local scrap will not change much in the short term, and it will remain stable and wait-and-see.
(A mini program has been added here, please go to the Toutiao client to view)
【South China】
Guangdong Daily Review: Today's local scrap steel is stable and operational. Its China Xin part fell 20, Yue Shao rose 20 and so on. At present, the mainstream of ordinary punching in Zhongshan is 2380-2430 (Xiaolan pure cold sheet 2480-2530), die steel 2550-2600, ordinary punching mainstream in Foshan is 2380-2430, pure cold plate is 2460-2510, silicon steel sheet is 2450-2500, steel head is 2460-2560, and 6 heavy waste (wool) is 2450-2500. At present, 68,000 tons of scrap steel have arrived in 32 sample steel mills in Guangdong Province, a decrease of 3,000 tons from the previous month. This period of snails continue to hold the red upward, the volume of finished products has decreased significantly compared with yesterday, superimposed in recent days, the base is mostly wait-and-see, the willingness to ship has not increased significantly, considering that the general profits of steel mills are lost, only individual small profits, so it is expected that steel mills will be adjusted in a narrow range according to their own conditions in a short period of time.
Guangxi Daily Review: Today, local scrap steel is running steadily. At present, the scrap steel market in Liuzhou is temporarily stable: 2230-2280 punching edge material, 2570-2620 hot and cold rolling, 2520-2570 metal punching (including galvanizing), 2570-2620 pure automobile sheet, 2520-2570 steel particles, 2500-2550 steel briquetting, 2380-2480 heavy waste, 2430-2480 large molds, 2480-2530 small molds, and 2400-2450 pig iron cast steel. The scrap steel of 14 sample steel mills in Guangxi Province arrived at 26,800 tons, an increase of 1,100 tons from the previous month. Today's futures trend is acceptable, some businesses in the province are shipping at high prices, the arrival of high steel enterprises is acceptable, although the current coke rise landing, market confidence has been boosted, but the profits of steel mills are still less than expected, so it is difficult to have significant changes in short-term scrap steel, and it is expected that the local scrap steel market will be stable tomorrow, and individual shocks will adjust the operation.
【Southwest China】
Yungui Daily Commentary: Today's local scrap steel is stable. The disk fluctuates upward, the market expects to rise in the psychology of the rise, the shipment is average, and most steel mills have no profit in production, the cost of raw materials is under pressure, and the price of scrap steel is cautious. Today, 13 sample steel mills in Yunnan-Guizhou area arrived 16,400 tons of scrap yesterday, an increase of 1,400 tons from the previous working day. The mainstream reference price is 2420-2520 yuan/ton for Yunnan steel bar pelletizing, 2320-2420 yuan/ton for high-quality and heavy corner materials, 2500-2580 yuan/ton for Guizhou steel bar pelletizing, 2450-2500 yuan/ton for pig iron heavy waste, and high price for good materials.
Sichuan and Chongqing Daily Review: Sichuan and Chongqing scrap steel stable operation, Sichuan mainstream transaction price: pig iron steel parts 2450-2500, steel bar head 2460-2540, excellent and heavy waste 2420-2520, medium waste 2370-2450, cut 2260-2320, specific look, for reference only. According to today's survey, the arrival of scrap steel from 19 sample steel mills in Sichuan and Chongqing was 36,100 tons/day, an increase of 1,700 tons/day from the previous period. Individual manufacturers with less arrivals raised prices by 20-50 yesterday. The market grasps the price increase, the pace of shipments has accelerated, the arrival of steel companies has increased compared with yesterday, to meet the needs of daily consumption, but the overall inventory is still decreasing, the demand for replenishment gives scrap price support, but the poor profits of the mills make the scrap rise momentum insufficient, and it is expected that the short-term local scrap main stable operation.
(A mini program has been added here, please go to the Toutiao client to view)
April 17 overseas scrap prices and information
1. Pakistan scrap: Suppliers in the imported scrap market have a firm stance and quotations have risen
Pakistani imported scrap prices rose $4/mt from the previous week, with the rise in quotes driven by global scrap sentiment, while rising freight expectations and ongoing geopolitical conflicts in the Middle East were also driving factors. In addition, supplier offers to South Asian buyers are bullish due to the higher recycling rates in the region. Limited offers from the Middle East, with HMS (80:20) quoted at $400/mt while shear, HMS and PNS blended quoted at $410-415/mt CFR. For the past 15 days, steel mills have been closed, with no scrap purchases and sluggish rebar sales. Suppliers said India's aggressive sourcing could also lead to higher prices in Pakistan.