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Latest Update in the SMM Steel Scrap Market

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Steel Scrap

East China

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Price description

Price Range

Avg.

Change

Date

Domestic average price of scrap steel (USD/mt)

346.97-346.97

346.97

0.29

May 16, 2025

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Steel Scrap Headlines

Behind the Decline in China's Secondary Lead Operating Rate: The Dual Challenges of High Costs and Market Stagnation【SMM Analysis】

time

May 16, 2025 20:08

Will Sino-US Tariff Easing Lead to Rush Export of Copper Rod? Entrepot Trade Still Faces Intractable "Origin" Issue[SMM Analysis]

time

May 16, 2025 15:59

After destocking surpassed the 600,000 mt mark, how will domestic aluminum inventory evolve subsequently?[SMM Analysis]

time

May 15, 2025 23:07

Steel Scrap News

Latest

Selected News

Industry

Exclusive

Analysis

Reminder

Metals fell nearly across the board, with LME copper, LME zinc, and coking coal and coke down over 1%, while alumina surged nearly 7%. New York gold futures fell sharply on a weekly basis [overnight market].

time

May 17, 2025 09:28

The world's second largest bauxite producer takes strong action, revoking 51 mining rights in one go

time

May 17, 2025 08:50

US dollar weakened overnight, LME lead closed higher, while SHFE lead fluctuated, stabilized and closed slightly lower [SMM Morning Lead Report]

time

May 17, 2025 08:45

[Morning Briefing] New rules for major asset restructuring of publicly listed firms take effect; CATL's H shares expected to list on the Hong Kong Stock Exchange next Tuesday

time

May 17, 2025 08:36

SAIC Motor launches world's largest RoRo car carrier 'ANJI ANSHENG' as overseas expansion accelerates

On May 15, SAIC Motor's logistics subsidiary, Anji Logistics, officially named the world's largest roll-on/roll-off (RoRo) car carrier—the 9,500-vehicle-capacity ANJI ANSHENG—and launched its ma...

time

May 17, 2025 00:05

[SMM survey] Weekly Review of Electrolyzer Industry (May 8, 2025-May 15, 2025)

time

May 16, 2025 23:45

Honda China, CATL deepen partnership on NEV tech R&D, supply chain management

Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL recently signed a memorandum of understanding to deepen their strategic collaboration, according to a press release CATL issued on May 16 via...

time

May 16, 2025 23:41

FAW Group, Tsinghua Unigroup forge strategic partnership to build automotive-grade chip ecosystem

On May 16, FAW Group and Tsinghua Unigroup signed a strategic cooperation agreement in Beijing, aiming to deepen collaboration across multiple areas of China's automotive semiconductor industry.

time

May 16, 2025 23:32

RATIO & INDEX15 minutes delay

Brent oil

65.351

+0.821(+1.27%)

May 17, 2025

US Dollar Index&reg

100.969

+0.178(+0.18%)

May 17, 2025

Offshore RMB HK

7.208

0(0%)

May 17, 2025

SMMI

3,167

-2(-0.06%)

May 16, 2025

Shanghai Interbank Offered Rate

1.654

+25(+17.81%)

May 16, 2025

Most Read

Overview of China Metal Production in April 2025 and May Forecast 【SMM Steel Morning Meeting Summary】Downstream stocking demand released before the holiday; be cautious of steel prices jumping initially and then pulling back after the holiday [SMM Steel Market Morning Briefing] The US non-farm payrolls increased by 177,000 in April, against an estimated increase of 138,000 and a prior increase of 228,000. The March data was revised down. The unemployment rate remained unchanged at 4.2%.Guinea warns that non-compliance now means losing the licence, what the law actually requires? [SMM Steel Morning Meeting Summary] Both Supply and Demand Are Weak, Showing a Sluggish Trend; Prices Remain in the Doldrums, Difficult to Change

Steel Scrap EVENTS

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China
Jun
03
- Indonesia Critical Minerals Conference & Expo 2025
  Jun 03 - 05,2025
  Indonesia, with its unique natural resource reserves, has attracted widespread attention from companies worldwide.
  JAKARTA, INDONESIA · Pullman Jakarta Central Park
Jun
12
- 2025 (2nd) Global Renewable Metal Industry Chain Summit
  Jun 12 - 13,2025
  2025 SMM Global Recycling Metals Industry Summit will take place on June 12–13, 2025, in Thailand
  Bangkok, Thailand·Hyatt Regency Bangkok Suvarnabhumi Airport
Jun
15
- 2025 SMM ASEAN Automotive Supply Chain Conference
  Jun 15 - 17,2025
  At this event, SMM will invite experts, scholars, business representatives and government officials
  Bangkok, Thailand·Hyatt Regency Bangkok Suvarnabhumi Airport
Nov
03
- 3rd Li-ion Battery Europe 2025
  Nov 03 - 04,2025
  Hilton Barcelona, Spain
Nov
03
- 2025 NET ZERO EUROPE - Solar & Energy Storage Summit
  Nov 03 - 04,2025
  Hilton Barcelona, Spain

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