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57 Steel Mills Reduce Scrap Steel Purchase Prices by 10-50 Yuan

Jul 12, 2024

 

๐Ÿญ Scrap Steel Purchase Prices Adjusted by 57 Steel Mills ๐Ÿ“‰

My Steel Network News: As of July 10th, by the time of writing, 57 steel mills have reduced their scrap steel purchase prices, while 1 has increased.


๐Ÿ“Š Scrap Steel Price Adjustments by Region ๐Ÿ“ˆ

East China Region ๐ŸŒ

On July 11th, Jiangyin Huaxi Special Steel in Jiangsu increased the price of rebar granules by 70 yuan, and reduced some material types by 20 yuan per ton.

On July 10th, Dan Yang Longjiang in Jiangsu decreased by 20 yuan: rebar granules 2650, steel plate material 2650, excellent heavy 2620, heavy waste 2600, mechanical pig iron 2550, punch 2590, medium waste 2500, shearing 2370, silicon steel sheet 2580, rebar head 2590, tax not included, unit: yuan/ton.

North China Region ๐Ÿ™๏ธ

On July 10th, Tangshan Rui Feng in Hebei decreased by 10 yuan: rebar press block 2760, flower iron press block 2800.

Central China Region ๐ŸŒ„

On July 10th, Anxin in Henan partially decreased scrap steel purchase prices by 10 yuan per ton, tax not included.

South China Region ๐Ÿ๏ธ

On July 11th, Zhuhai Yuyuanfeng in Guangdong decreased by 20: rebar granules 2900, rebar press block 2800, fine scrap steel 2800, industrial heavy scrap 2790, ship dismantling scrap 2790, tax included at 13%, unit: yuan/ton.

Southwest China Region ๐Ÿ”๏ธ

On July 10th, Dou Steel in Sichuan decreased scrap steel purchase price by 20 yuan per ton.

Northwest China Region ๐Ÿœ๏ธ

On July 10th, Kunlun Steel in Xinjiang decreased all scrap steel by 30 yuan per ton.

Northeast China Region โ„๏ธ

On July 11th, Jianlong Asteel in Heilongjiang uniformly decreased scrap steel prices by 30 yuan per ton.


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๐Ÿ“– Recommended Reading:

  • 6 Steel Mills Reduce Prices, Steel Prices Continue Weak Operation
  • A Brief Analysis of the Changes and Impacts of the New National Standard for Cold-Rolled Ribbed Reinforcing Bars
  • Weekly Steel Market Observation: Expectations - The Unbearable Fundamentals

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