January 28 scrap market: scrap market holiday mode open, scrap continues to hold steady!

2022-07-12 0 By

1, Japan scrap: the price of H2 in the Guandongwan market increased to 50,000-51500 yen, according to market traders, Hyundai Steel of South Korea on the Japanese production of H2 bid 51000 yen (2808 yuan)FOB, the price of scrap in the Guandongwan market stabilized and rebounded, the rise further spread.Kwandong Bay market price is H250000-51500 yen (2,753-2,836 yuan), 1000 yen higher than the previous week;The market price of HS is 55,500-56,500 yen (3,056-3,111 yuan), while the market price of HS is 54,500-55,000 yen (3,001-3,029 yuan).
The country imported about 410,900 tonnes of scrap steel in November 2021, down 19.8% year-on-year, according to provisional data from the Ministry of Commerce and Industry.The decline was mainly due to weak demand for steel products in both domestic and global markets.Among them, imports from the UAE accounted for the largest proportion, with a total volume of 106,300 tons, up 5.55% year on year.It was followed by 35,400 tonnes from the US, down 15.42 per cent.Other major sources of imports include Singapore (about 19,900 tonnes), The United Kingdom (about 15,500 tonnes), Brazil (about 15,000 tonnes), Yemen (about 13,700 tonnes), the Netherlands (about 13,500 tonnes) and Malaysia (about 13,000 tonnes).From April to November 2021, India’s scrap imports were 3.22 million tons, down 3.54% year-on-year.3, South Korea scrap: raw material prices push up screw prices as the main raw material for electric furnaces scrap prices have been rising since mid-January, which also led to a rise in the price of rebar, South Korea rebar export prices also rose further.The latest contract price for Korea Industrial Standard (KS standard) products is around 85,000 yen (4,681 yuan) PER ton FOB, up about 3,000-4,000 yen from the beginning of the year, as demand is expected to pick up at the start of the Lunar New Year holiday in February.
Today scrap market analysis forecast January 28 scrap arrival: yesterday Zhangjiagang unloaded 8000 tons, 1,800 tons less than the previous day;A total of 64 ships, 8 seagoing ships, 15 large cars.Today, the scrap market as a whole is running steadily, and the narrow range of individual steel mills is adjusted. At present, the heavy scrap market in East China is 3140-3180 yuan/ton excluding tax.Near the Spring Festival, scrap suppliers have a holiday, logistics and transportation are also more shut down, the market is basically closed.Some steel mills have issued scrap stop receiving notice, most independent electric furnace steel mills have stopped production holiday.Although some steel mills did not stop, but due to a sharp decline in market supply, the overall arrival of steel is general, scrap steel market is in a state of no market price.Liaoning Benxi Yuantong material recycling company notice: Benxi Yuantong company is scheduled to stop collecting all scrap steel on January 29, when to receive the goods after the festival will be notified separately.
North China January 28 from 8 o ‘clock, Tianjin Ronggang scrap individual up 80:Billet head, round steel head, train wheel 3690, flange 3660, bow plate 3650, high quality grade 3690, heavy A stop, shear material stop, iron pin 2820, steel plate material grade 3690, rolling waste 3690, reinforcing bar grain 3790, extra grade shear material 3330, excluding tax.Hebei first Tang Baosheng scrap notice: Kind cattle shake tail to go, Fu Hu Xianrui household.On the eve of the Spring Festival of 2022, after the study and decision of the company’s leaders, scrap steel purchase will be suspended on January 31 (29th day of the twelfth lunar month), and normal purchase will be resumed on February 7 (7th day of the first lunar month) at 8:00 a.m., sorry for any inconvenience caused.
Hebei Tangshan Zhengfeng (crushing Workshop) scrap notice: our company plans to stop scrap acquisition business on the 27th day of the 12th month, and start to resume on the 7th day of the 1st month, we will continue to adhere to.”Good faith” cooperation, mutual benefit and mutual win “principle, strengthen the cooperation with you.In the New Year, we are looking forward to working together with all the old iron workers to establish a more healthy, mutual trust, efficient and win-win relationship between scrap supply and demand.Hebei Tangshan Zhengfeng (electric furnace workshop) scrap notice: our company plans to stop scrap acquisition business on the 27th day of the 12th month, and start to resume on the 7th day of the 1st month, we will continue to adhere to.”Good faith” cooperation, mutual benefit and mutual win “principle, strengthen the cooperation with you.In the New Year, we are looking forward to working together with all the old iron workers to establish a more healthy, mutual trust, efficient and win-win relationship between scrap supply and demand.
East China Jiangsu Fubin wharf scrap notice: to celebrate the New Year!The wharf will be closed for holiday on January 28, 2022, and the time of receiving goods after the New Year will be further informed.Jianmin recycling station, Luoshe Town, Wuxi City, Jiangsu Province, scrap collection notice: from January 29 no longer receive goods, next year’s eighth day officially receive goods.In the state of price without market, price adjustment is not significant, it is expected that the short-term scrap market is mainly stable.