Scrap Stories

China Steel Capacity Elimination to Target Intermediate Frequency Furnace Next Year, SMM Reports

During a onsite survey November 24-27 in Xuzhou, Lianyungang and Suqian, Jiangsu Province,the State Council’s environmental protection team founded low-quality steel and illegal steel capacity.

Note: The output data are not available as the National Bureau of Standards (NBS) has stopped releasing such data since March 2016.

  • 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) 1630 1630 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1749 1749.5 -23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1260 1260 -25 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1660 1660 -30 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 0.05 10,000mt 3-month old
Other Alloy Scrap 0.72 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.29 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1630 1630 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1749 1749.5 -23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1260 1260 -25 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1660 1660 -30 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 0.05 10,000mt 3-month old
Other Alloy Scrap 0.72 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.29 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1630 1630 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1749 1749.5 -23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1260 1260 -25 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1660 1660 -30 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 0.05 10,000mt 3-month old
Other Alloy Scrap 0.72 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.29 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1630 1630 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1749 1749.5 -23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1260 1260 -25 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1660 1660 -30 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 0.05 10,000mt 3-month old
Other Alloy Scrap 0.72 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.29 10,000mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Bei Jing(Heavy, VAT Included) 1630 1630 0 RMB/mt 3-month old
Guang Zhou(Heavy, VAT Included) 1749 1749.5 -23 RMB/mt 3-month old
Shang Hai(Heavy, VAT Included) 1260 1260 -25 RMB/mt 3-month old
Zhang Jia Gang(Heavy, VAT Included) 1660 1660 -30 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 0.05 10,000mt 3-month old
Other Alloy Scrap 0.72 10,000mt 3-month old
Tin-Plated Scrap 0.00 10,000mt 3-month old
Other Scrap 18.29 10,000mt 3-month old

View all >>

scrap Prices Chart

Scrap Publications

Scrap Publications

Over this past week, base metals fell across the board after surging in a very short time. Chinese yuan remains on its downward track, while the US dollar has gained rising momentum especially after h

Steel prices in domestic market fell back this past week. As of November 18, the average price of rebar nationwide was down RMB 3,109/mt from November 14 to RMB 2,923/mt,

Scrap Prices Introduction

Scrap Top Stories

Scrap Publications

China Base Metal Briefing 20161118

Over this past week, base metals fell across the board after surging in a very short time. Chinese yuan remains on its downward track, while the US dollar has gained rising momentum especially after h

Hot Scrap Products

CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 687.35 690.11 687.94
HKD 88.6 88.94 88.7
100JPY 602.46 606.69 603.73
EUR 732.43 737.57 733.78
GBP 864.7 870.77 866.1
Date: 2016-12-02

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