Summary of today's scrap market
Yesterday, the national scrap was mixed. Today, 12 have risen and 2 have declined. Affected by the recent real estate policy and the macro environment such as the acceleration of special bonds, the snail stopped falling and rebounded, the market confidence was boosted to a certain extent, and the mentality turned to wait and see.
Statistics on the arrival of scrap steel in Zhangjiagang on May 14: 17,900 tons were unloaded in Zhangjiagang yesterday, an increase of 2,100 tons from the previous day; This morning, there are about 47 scrap steel ships at the wharf (+4 compared with last morning), and about 223 vehicles (-22 compared with yesterday morning).
On May 14, the national scrap steel main stable operation. The areas of price increases are mainly concentrated in Jiangsu, Hubei, Henan, Hebei, Guangdong and other regions, with mainstream increases of 10-50 yuan/ton; The price decline area is mainly concentrated in Guangxi, Shaanxi, Shanxi, Hebei and other regions, with a decline of 20-60 yuan/ton. The arrival of steel mills is different, and some steel mills with less arrivals have slightly raised the price of scrap steel to absorb and replenish the warehouse; At present, the demand for scrap is acceptable, and the short-term scrap price is still supported; Although the performance of finished timber improved slightly yesterday, the overall performance was still average.
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On the whole, the recent snail trend is volatile, the situation is unclear, the market is more wait-and-see shipments, the arrival of steel mills is different, in the steel mill scrap demand and high raw material costs in the background, scrap prices still have some support, but also take into account, with the cost of raw materials continues to be high, the price performance of finished steel is average, so the willingness of steel mills to continue to raise scrap prices sharply is not high, it is expected that the short-term scrap main stability, individual steel mills according to their own demand to adjust scrap prices in a narrow range.
Analysis of the price trend of scrap steel in various provinces and cities today
【East China】
Jiangsu Daily Commentary: Today's local scrap steel is stable. At present, the mainstream transaction price of steel enterprises: 6 thick steel sheets 2630-2680, 6 heavy waste 2620-2670, 2-4 shear 2470-2520, shavings 2450-2510, machine pig iron 2580-2630. Today, about 84,500 tons of scrap steel from 26 sample steel mills in Jiangsu arrived, an increase of about 3,500 tons from the previous working day and an increase of about 4.7% month-on-month. At present, the spiral disk surface shocks downward, the market mentality is unstable, speed up the shipment, the arrival of individual steel enterprises has increased slightly, the release of finished products is still average, the profits of steel mills are not optimistic, the current arrival of some steel mills is not as good as the daily consumption, from the supply and demand side, scrap steel is temporarily supported, the downside space is limited, and it is expected that the short-term local scrap steel shock adjustment is the main.
Shandong Daily Review: Today's scrap steel prices in the province are temporarily stable, Zhengjia 2 thick or more flower material mainstream 2680-2690, powder plate galvanized flower material mainstream 2440-2460, Zhengjia cold plate 1 thickness above 2660, cold plate 1 thickness below 2680. Yesterday, the arrival of steel mills in the province changed little from the previous day, basically remained stable, most of them were higher than consumption, and some of them had pressure on the car for their own reasons, according to statistics, 23 steel mills in the province arrived 29,900 tons yesterday, an increase of 00,200 tons from yesterday. At present, the market is stable, the shipments of various businesses are also in a normal state, today's snail shock weakened, steel mills are also more wait-and-see, and it is expected that the short term will be slightly adjusted according to their own conditions.
Fujian Daily Review: Today, local scrap steel is running steadily. The mainstream transaction price of steel mills: steel sheet 6 thickness 2610-2770, heavy waste 6 thickness 2560-2720, steel bar pelletizing 2660-2810, cold rolled material 2560-2700. The scrap of 17 sample steel mills in Fujian Province arrived at 50,500 tons, a decrease of 2,000 tons from the previous month. Recently, the pace of market shipments has gradually slowed down, the arrival volume of steel enterprises is basically the same as the daily consumption, and the resumption of production of steel enterprises has begun to produce, the demand for scrap steel in the later period is strong, and the price of scrap steel is temporarily supported in the short term. Considering that the current snail is green and the trend of finished products is not good, and steel companies have a wait-and-see attitude towards the price adjustment of scrap steel in the later period under the condition of poor profits, it is expected that local scrap steel will be adjusted in a narrow range in the short term.
Shanghai Daily Review: Today's local scrap steel is stable and wait-and-see, and the current mainstream material types: steel plate, abrasives 2600-2650, cold-rolled materials 2500-2550, silicon steel sheet 2600-2630, steel pelletizing 2610-2660, baled steel bar 2510-2560, heavy waste 2530-2580, shavings 2230-2330, color steel tile 2080-2130. Yesterday in the late afternoon, the market price sentiment eased, the current snail high opened lower, the market short-term wait-and-see, and the arrival of leading steel companies is still at a high level, if the futures trend is unstable, do not rule out the possibility of leading steel companies to fall prices, but at present, the raw material end is running at a high level, the cost of finished products is still supported, and the decline space is also limited, and it is expected that the short-term local scrap steel will run in a narrow and weak range.
Jiangxi Daily Review: Today, local scrap steel is running steadily. At present, the price of mainstream steel mills in Jiangxi market: 6 heavy waste 2550, shears 2370-2470, shavings 2310-2370, crushed material 2390-2520, for reference only. Today, about 22,200 tons of scrap steel from 7 sample steel mills in Jiangxi arrived, an increase of 00,700 tons from the previous working day. Although the arrival of goods only increased slightly, but the current arrival of steel mills exceeds the daily consumption more, coupled with the snail green shock, some bases said that steel mills may have a tendency to lower prices again. It is recommended that merchants focus on fast in and fast out, and it is expected that local scrap will remain stable and weak in the short term.
Anhui Daily Review: Since yesterday, there has been little change in the local area. At present, the local mainstream factory price: steel sheet 2540-2590, heavy waste 2430-2480, shear 2210-2260. Yesterday, the market situation improved, and the market deliberately suspended the pace of shipments. However, the market is changing rapidly, and today's snail is falling again, and the market trend is unknown, so the local scrap market is mostly stable and wait-and-see, and some steel mills will adjust in a narrow range according to their own conditions.
Zhejiang Daily Review: Today's local scrap steel is running steadily. Taozhuang scrap: steel bar pelletizing 2640-2660, horseshoe 2600-2620, cold and hot rolling 2540-2560, silicon steel sheet 2600-2610, plate edge 2580-2630, steel head 2530-2580, white galvanized 2470-2490, steel planer 2220-2270. Today's snail green shock, the arrival of scrap steel from 5 sample steel mills in Zhejiang Province was 17,200 tons/day, an increase of 2,600 tons/day from the previous period. Recently, the disk is weak, some freight yards are shipped at a high level, the arrival of each plant has increased, the recent performance of finished products is acceptable, the demand for steel enterprises is better, the short-term scrap support is still there, there is no risk of a big fall, and some steel companies around today have begun to rise, and it is expected that the scrap steel in the province will stabilize the operation in the near future.
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【North China】
Hebei Daily Review: Today's local scrap steel main stable tone, of which Aosen fell 5-15, Ruifeng rose 20 and so on. At present, the mainstream transaction prices in Tangshan are: heavy A2750-2790, flower iron briquetting 2800-2830, shear material 2470-2500, steel sheet 2820-2860, excluding tax. At present, 107,100 tons of scrap steel have arrived in 48 sample steel mills in Hebei Province, a decrease of about 5,300 tons from before the holiday. Yesterday, the arrival of steel mills in the province as a whole is not the same, the arrival of individual steel mills has not been able to meet the daily production, thereby slightly raising the price of scrap steel, the current spot shock operation, billet inventory increased slightly, scrap upward resistance is still resistant, it is expected that the short-term scrap will run more smoothly, and individual out-of-stock steel mills will rise slightly.
Tianjin Daily Review: Today's Tianjin scrap steel prices are stable, Dongli Tiangang steel bar briquetting 2680, Tiangang United steel bar cutting head 2845, Ronggang heavy A2730, Tianjin 3 sample steel enterprises arrived yesterday 05,200 tons, an increase of 00,400 tons from the previous day's arrival. At present, the arrival of steel mills has not changed much, mainly considering the price increase and downward resistance of finished products, and the overall fluctuation space is limited, so the steel mills are also cautious about scrap steel price adjustment, and they may maintain a narrow range of shock operation in the short term.
Shanxi Daily Review: Today's market scrap steel prices are mainly stable, and the purchase price of the mainstream material types of Shanxi steel mills is: steel bar pelletizing 2740-2840, 10 heavy waste 2680-2790, 10 thick scraps 2720-2810, steel bar briquetting 2600-2750, 1.8 specific gravity crushed material 2530-2580. Today, the arrival of scrap steel from 19 sample steel mills in Shanxi Province was 14,400 tons/day, an increase of 00,400 tons/day from the previous period. Under the premise that there is no major change in the market, it is expected that the short-term local scrap adjustment range will be limited, and the main stable wait-and-see operation.
Inner Mongolia Daily Review: Today, the local market is running steadily, 6 heavy waste 2450-2530, 8-12 heavy waste 2520-2630, 3-5 thick total material 2250-2350. Today, 12,600 tons of scrap steel from steel mills in Inner Mongolia Province arrived, an increase of 00,300 tons from yesterday. Today's snail continues to fluctuate operation, the province's mainstream steel mills arrived yesterday although slightly reduced, however, also basically meet the daily consumption, considering that the province now has a strong demand for scrap, so the short-term provincial scrap prices still have strong support, but also take into account that the recent performance of finished steel in the province is different, the overall trend situation of finished steel is not clear, so the short-term provincial steel mills are cautious about the willingness to adjust the price of scrap steel, and it is expected that the short-term scrap steel will run steadily.
【Tohoku Region】
Daily Review of the Three Eastern Provinces: Today's main stable operation in the province, plate armor 2670-2720, heavy waste 2590-2640, 31 sample steel mills in the three northeastern provinces of 20,300 tons of scrap arrived, a decrease of 1,000 tons from the previous month. The arrival of steel mills in the region is generally good, individual steel mills have declined, and the recent black disk shocks, businesses are more inclined to fast in and out of the operation, it is expected that the arrival of steel mills in the short term may be difficult to have a large change, supply and demand are barely balanced, scrap prices are not enough momentum, so it is expected that the short-term scrap steel main stable wait-and-see operation, individual steel mills or narrow adjustment as needed.
【Northwest Territories】
Northwest Daily Review: Today, the Northwest market is mainly running steadily. Select the market price reference in Lanzhou: steel bar pelletizing 2440-2460; Heavy waste 6 thick wool 2330-2350; Pig iron 2310-2330; light and thin wool 2130-2150; Front and rear axles 2390-2410. Today, about 20,600 tons of scrap steel arrived at 14 sample steel mills in Northwest China, a decrease of 2,300 tons from the previous working day. The snail is volatile, the market wait-and-see sentiment continues to spread, the pace of site shipments slows down, and the arrival of steel enterprises decreases, but the overall arrival is greater than the daily consumption demand, and the production of each plant is guaranteed. At present, the trend of finished steel products is average, and the profits of steel companies are limited, most of them will choose to maintain a wait-and-see attitude, and it is expected that local scrap steel will continue to operate steadily in the short term.
【Central China】
Hubei Daily Review: Since yesterday, some local steel mills have risen. The main reason for the price increase is the decrease in arrival, and the steel mills have slightly increased the price in order to ensure production. However, with today's snail holding green, the market's fear of falling has risen again, but after all, the overall resources of the market are tight, and the short-term shock is predicted. A total of 16 sample steel mills in Hubei Province received 28,400 tons of scrap per day, a decrease of 1,100 tons from the previous work. At present, the mainstream market price of steel bar pelletizing is 2630-2680 yuan/ton, 6-10 thick steel plate qualified material is 2480-2580 yuan/ton high, 6-10 thick and heavy waste qualified material is 2430-2530 yuan/ton, 10 thick heavy waste qualified material is 2530-2580, 6-10 thick and heavy waste wool is 2380-2480, all cold and hot rolled white iron is 2460-2560 yuan/ton, and 2-4 thick shear material is 2260-2310 yuan/ton. The steel bar lump is 2460-2510 yuan/ton, for reference only.
Hunan Daily Review: Since yesterday, local steel mills have maintained stable operation. At present, the mainstream transaction price in Hunan market: heavy waste 6 thick 2430-2480, steel bar head 2580-2630, machine pig iron 2400-2450. A total of 4 sample steel mills in Hunan Province received 18,400 tons of scrap per day, an increase of 00,500 tons from the previous working day. Yesterday, billets rose 10 yuan and building materials sales are getting better, which is a good trend and boosts the market mentality. However, the snail continued to run green, and the arrival of goods basically met the daily consumption, so the steel mill operated cautiously and did not urgently follow the rise. Therefore, it is predicted that local scrap will mainly fluctuate in the short term.
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Henan Daily Review: Today, local scrap steel is running steadily. At present, Anyang and Zhengzhou steel sheets are 6-10 thick 2560-2590 yuan/ton, and heavy waste 6 thick is 2440-2490 yuan/ton, excluding tax. A total of 16 sample steel mills in Henan arrived at 23,000 tons/day, the same as yesterday's arrivals. Today's snail holds a green narrow range shock, considering that the arrival volume is higher than the daily consumption, so in general, the arrival of each factory is still more, and the market is afraid of falling to speed up shipments. The recent performance of finished products is average, but the demand of each plant is still good, and the follow-up environmental protection may affect the arrival of goods, and it is difficult for scrap steel to fall deeply.
【South China】
Guangdong Daily Review: Today's local scrap steel is stable and rising, and its China Xin is up 10, Yangchun is up 10, etc. 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 2410-2460. At present, 57,400 tons of scrap steel have arrived in 32 sample steel mills in Guangdong Province, a decrease of 00,400 tons from the previous month. Due to the recent price decline, the base's willingness to ship is not high, and the local resources have decreased, resulting in a continuous decrease in the arrival of steel mills, which is currently significantly lower than the daily consumption. Although some steel mills have risen slightly today, with the fluctuating operation of the snail, local steel enterprises are mostly wait-and-see, so it is expected that local scrap steel will operate steadily in a short period of time.
Guangxi Daily Commentary: Today's local scrap steel is stable in a tone, of which Yima fell 20. At present, the scrap steel market in Liuzhou is temporarily stable: 2280-2330 punching edge material, 2600-2650 cold and hot rolling, 2550-2600 metal punching (including galvanizing), 2600-2650 pure automobile sheet, 2600-2650 steel particles, 2580-2630 steel briquetting, 2430-2530 heavy waste, 2420-2470 large molds, 2470-2520 small molds, and 2400-2450 pig iron cast steel. The 14 sample steel mills in Guangxi Province received 35,600 tons of scrap steel, a decrease of 3,200 tons from the previous month. Stimulated by the good news, yesterday's closing data performed well, and now the disk continues to fluctuate, the province's steel mills remain wait-and-see, due to the poor market trend in the early stage, the market panic shipments more, so the current local scrap circulation resources have decreased, only individual high prices of steel enterprises to arrive is acceptable, considering that the current steel profits are still maintained on the edge of the profit and loss line, it is expected that the short-term local scrap market is more stable and wait-and-see.
【Southwest China】
Yungui Daily Commentary: Today's local scrap steel is running steadily. After the recent decline in scrap prices, the arrival of steel enterprises in the region is not the same, the shortage of goods rose slightly, the price of more arrivals continued to fall, in the case of poor demand for finished products, steel mills have a strong wait-and-see mood, because the overall inventory is not high, scrap is still supported, and it is expected that the short-term stable demand will be based on narrow key operation. Among the 13 sample steel mills in Yunnan-Guizhou today, 26,500 tons of scrap arrived yesterday, a decrease of 00,800 tons from the previous working day. The mainstream reference price is 2500-2600 yuan/ton for Yunnan steel bar pelletization, and 2430-2480 yuan/ton for high-quality corner materials; Guizhou steel bar pelletizing is 2550-2620 yuan/ton, and pig iron heavy waste is 2470-2520, with high prices for good materials.
Sichuan and Chongqing Daily Review: Sichuan and Chongqing scrap steel main stable operation, Sichuan mainstream transaction price: pig iron 2440, steel particles 2530-2550, excellent and heavy waste 2470-2490, medium waste 2350-2410, light material 2090-2290, specific goods, for reference only. According to today's survey, the arrival of scrap steel from 19 sample steel mills in Sichuan and Chongqing was 48,200 tons/day, a decrease of 00,400 tons/day from the previous period. After the recent continuous price decline, the market shipment speed began to slow down, and most steel mills do not have much inventory, in order to ensure production needs, stop falling and wait and see, coupled with a series of recent macro policy expectations, temporarily have a certain support, and it is expected that the short-term scrap steel will be stable and wait-and-see operation.
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Overseas scrap prices and information on May 14
1. Turkish scrap: new electric arc furnace capacity raises concerns about scrap shortage
As part of the green transition, more companies in Turkey will invest in electric arc furnaces (EAFs), which could lead to an increase in demand for scrap. The global shift to EAF production will increase scrap consumption and may limit scrap supply in export markets. Most of Turkey's steel production is based on electric arc furnaces, and most of the new capacity coming online is also based on scrap. The EU's Carbon Border Adjustment Mechanism (CBAM), the UK's proposed legislative changes to limit scrap exports and protect local supply, could further tighten market supply. These restrictions, coupled with an increase in scrap consumption, are likely to intensify competition for resources in the market. Major steel producers in the EU and the UK are also switching to electric furnace production, increasing domestic scrap demand and causing suppliers to focus less on exports. On May 2, Turkey completely stopped trade with Israel, losing the opportunity to trade 1 million tons per year, competing with Chinese products that launched an export offensive, and the forecast for the future is flat, and there is also a slight decline in the view, and the recent import of scrap has stagnated and shows no signs of improvement.