Scrap Top Stories

China's yuan climbs to over 3-month high as economy picks up

China's yuan raced to its highest in more than three months on Thursday after solid manufacturing activity confirmed the government's stimulus measures were filtering through the economy.

Major Regions Steel Scrap Price (Weekly)

Regions Specification Average Prices (RMB/mt) Change (RMB/mt) Date
Bei Jing Heavy, VAT Included 2,970 0 2010-09-30
Guang Zhou Heavy, VAT Included 2,975 20 2010-09-30
Shang Hai Heavy, VAT Included 2,720 -40 2010-09-30
Zhang Jia Gang Heavy, VAT Included 3,080 30 2010-09-30

Notes

Steel Scrap Import Volume (Monthly)

Products Quantity Date
Cast Iron Scrap 0 2011-08-01
Stainless Steel Scrap 0.62 2011-08-01
Other Alloy Scrap 0.95 2011-08-01
Tin-Plated Scrap 0 2011-08-01
Other Scrap 50.09 2011-08-01

Notes

Steel Scrap Export Volume (Monthly)

Products Quantity Date
Cast Iron Scrap 0 2011-08-01
Stainless Steel Scrap 0 2011-08-01
Other Alloy Scrap 0 2011-08-01
Tin-Plated Scrap 0 2011-08-01
Other Scrap 0.03 2011-08-01

SMM prices and its lists are owned by SMM Information & Technology Co., Ltd. and are protected by the "Copyright Law of The People's Republic of China", "Anti-Unfair Competition Law of The People's Republic of China" and other laws, regulations, and applicable international treaties, and shall not be modified, reprinted , reproduced, sold, transferred, performed, showed, projected, broadcasted, adapted, translated, compiled and transmitted through information network without written permission.

Steel Feature

Steelease forecasts China's downstream steel demand in 2030 from 6 industries, 110 sub-sectors, with 350 formulas and 240 parameters.

Scrap Publications

More

China Steel Briefing 20140718

China’s daily average crude steel output looks set to remain high in July, Steelease believes.


China Steel Briefing 20140711

Steelease does not expect these mini-stimulus measures to have an appreciable impact on steel demand, meaning that any rise in steel prices will be limited.


China Steel PMI Monthly June 2014

The Steel-PMI based on Steelease surveys of China’s major steel consuming sectors fell 3.32 MoM and 0.32 YoY in June to 43.2.


CNY Base Rate

100 units of foreign currencies in CNY (2014-07-24)

USD 617.76 HKD 79.7
100JPY 607.36 EUR 829.84
GBP 1050.65