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Latest Update in the SMM Steel Scrap Market

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Steel Scrap markets & Index

Steel Scrap

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Price description

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Avg.

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Date

Domestic average price of scrap steel-≤800×600mm-National (USD/mt)

346.09-346.09

346.09

0.18

Dec 08, 2025

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Steel Scrap News

Stainless Steel Scrap Prices Followed Finished Products Upward, Economic Advantage Narrowed [SMM Stainless Steel Scrap Market Weekly Review]

time

Dec 5,2025 16:26

Dovish Stance from US Fed Boosts SS Futures, Stainless Steel Scrap Prices Hold Steady but Face Production Cuts and Downside Risks from Steel Mills [SMM Stainless Steel Scrap Market Weekly Review]

time

Nov 28,2025 16:50

The overall stainless steel market remains weak and bottoming out, with the economic advantage of stainless steel scrap unable to reverse the decline. [SMM Stainless Steel Scrap Market Weekly Review]

time

Nov 21,2025 16:46

Tender for the Procurement of Alloy Steel Scrap for Railway Equipment

time

Nov 18,2025 10:49

Stainless Steel Scrap Weakens in Tandem with Entire Industry Chain Downturn, Prices Hit Three-Year Low with Limited Downside Expected [SMM Stainless Steel Scrap Market Weekly Review]

time

Nov 14,2025 15:59

"September-October Peak Season" Concludes with Market Cooling, Stainless Steel Scrap Prices May Remain Under Pressure [SMM Stainless Steel Scrap Market Weekly Review]

time

Nov 7,2025 15:07

With the Arrival of the Off-Season and News of Stainless Steel Production Cuts, Stainless Steel Scrap Prices Decline Further [SMM Stainless Steel Scrap Market Weekly Review]

time

Oct 31,2025 16:53

Stainless Steel Futures Cease Declines and Strengthen, but Spot Market Struggles to Shake Off Weakness; Stainless Steel Scrap Market Remains Mediocre [SMM Stainless Steel Scrap Market Weekly Review]

time

Oct 24,2025 15:01

October 24 Minxin Steel Steel Scrap Purchase Quotation

Today, Minxin Steel updated its steel scrap purchase quotation. Friends with available stock are welcome to contact us!

time

Oct 24,2025 10:17

[NPI Daily Review] High-Grade NPI Prices Continue to Decline Due to Competition from Stainless Steel Scrap

[SMM Daily Review: High-Grade NPI Prices Continue to Decline Amid Stainless Steel Scrap Substitution] October 21 - The average price of SMM 10-12% high-grade NPI was 936 yuan/mtu (ex-factory, tax included), down 2 yuan/mtu MoM from the previous working day.

time

Oct 22,2025 09:55

RATIO & INDEX15 minutes delay

Brent oil

62.923

-0.827(-1.30%)

Dec 08, 2025

US Dollar Index&reg

98.9573

-0.0257(-0.03%)

Dec 08, 2025

Offshore RMB HK

7.0659

-0.0017(-0.02%)

Dec 08, 2025

SMMI

3,560

+13(+0.37%)

Dec 08, 2025

Shanghai Interbank Offered Rate

1.52

-11.5(-7.03%)

Jul 25, 2025

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Steel Scrap EVENTS

Mar
25
- 2026 SMM (21th) Lead & Zinc Conference and Industry Expo
  Mar 25 - 27,2026
  Chengdu, China
Apr
06
- NET ZERO MEA Solar & Energy Storage Summit
  Apr 06 - 07,2026
  Join us in Dubai to forge the partnerships that will power our future.
  DUBAI, UAE
Apr
08
- CLNB 2026 - The 11th New Energy Industry Chain Expo
  Apr 08 - 10,2026
  Suzhou,China
Apr
08
- AICE 2026 SMM (21th）Aluminum Industry Conference & Expo
  Apr 08 - 10,2026
  Suzhou, China
May
25
- 2026 (3RD) GLOBAL RENEWABLE METAL INDUSTRY SUMMIT
  May 25 - 26,2026
  The GRMI Summit is a highly influential event, bringing together leading enterprises
  Osaka, Japan
Jun
03
- 2026 Indonesia Critical Minerals Conference & Expo
  Jun 03 - 05,2026
  Indonesia's leading metals & mining event gathering 3500+ participants and 60+ top exhibitors in Jakarta, June 2026.
  PULLMAN JAKARTA CENTRAL PARK, INDONESIA
Jun
16
- 2026 (3rd) SMM ASEAN Automotive Supply Chain Conference
  Jun 16 - 17,2026
  The Annual Gathering for Southeast Asia's Auto Industry.
  Bangkok, Thailand

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