Scrap Stories

US Steel Prices: Can The Good Times Keep Rolling?

U.S. steel prices have had a spectacular run this year mostly attributed to trade protectionism.

  • Major Regions Steel Scrap Price (Weekly)
  • Steel Scrap Import Volume (Monthly)
  • Steel Scrap Export Volume (Monthly)
Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1200 1200 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1368 1368.5 23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1015 1015 40 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1370 1370 100 RMB/mt 3-month old

View all >>

Products Quantity Unit Date Trend
Cast Iron Scrap 0.00 10,000mt 3-month old
Stainless Steel Scrap 0.00 10,000mt 3-month old
Other Alloy Scrap 0.79 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.00 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1200 1200 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1368 1368.5 23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1015 1015 40 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1370 1370 100 RMB/mt 3-month old

View all >>

Products Quantity Unit Date Trend
Cast Iron Scrap 0.00 10,000mt 3-month old
Stainless Steel Scrap 0.00 10,000mt 3-month old
Other Alloy Scrap 0.79 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.00 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1200 1200 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1368 1368.5 23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1015 1015 40 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1370 1370 100 RMB/mt 3-month old

View all >>

Products Quantity Unit Date Trend
Cast Iron Scrap 0.00 10,000mt 3-month old
Stainless Steel Scrap 0.00 10,000mt 3-month old
Other Alloy Scrap 0.79 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.00 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1200 1200 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1368 1368.5 23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1015 1015 40 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1370 1370 100 RMB/mt 3-month old

View all >>

Products Quantity Unit Date Trend
Cast Iron Scrap 0.00 10,000mt 3-month old
Stainless Steel Scrap 0.00 10,000mt 3-month old
Other Alloy Scrap 0.79 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.00 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1200 1200 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1368 1368.5 23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1015 1015 40 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1370 1370 100 RMB/mt 3-month old

View all >>

Products Quantity Unit Date Trend
Cast Iron Scrap 0.00 10,000mt 3-month old
Stainless Steel Scrap 0.00 10,000mt 3-month old
Other Alloy Scrap 0.79 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.00 10,000mt 3-month old

View all >>

scrap Prices Chart

Scrap Publications

Scrap Publications
China Steel PMI Monthly - June 2016
China Steel PMI Monthly - June 2016
The Steel-PMI was 41.98 in June, down 4.96 MoM, but up 0.16 YoY. On a seasonally adjusted basis, the Steel-PMI came in at 48.08, down 0.20 MoM, but up 0.15 YoY.
China Steel Briefing 20160624
China Steel Briefing 20160624
In conclusion, possibility is low for steel mills to slow down production as long as there is still room for profit. Demand is weakening in the off-season. Worsening supply-demand conditions will wei

Scrap Prices Introduction

Scrap Publications

China Steel PMI Monthly - June 2016

The Steel-PMI was 41.98 in June, down 4.96 MoM, but up 0.16 YoY. On a seasonally adjusted basis, the Steel-PMI came in at 48.08, down 0.20 MoM, but up 0.15 YoY.

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CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 663.94 666.6 664.96
HKD 85.57 85.89 85.7
100JPY 644.12 648.64 644.57
EUR 736.04 741.22 737.96
GBP 884.47 890.69 886.87
Date: 2016-07-01

Source: spot exchange rate at UTC 10:55 am every day on the website of Bank of China