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Apr.20.2024 1USD=7.1046RMB
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SteelHome Express: Liaoning Scrap Market Price Roughly Flat on Increased Demands from Mills

https://en.steelhome.com [SteelHome] 2019-12-05 11:23:07

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Scrap price in Liaoning province remains roughly flat on Thursday. For 6-10 Heavy Scrap, it stays at 2730 yuan/t in Chaoyang; at 2700 yuan/t in Benxi.

Meanwhile, SteelHome considers that the price may rise in the short run since the slack arrivals of iron ore products to mills on such tight supply and increased demands for replenishing inventories before the end of this year.

Market price of Scrap in Liaoning

Price in RMB/t,VAT included, 1 USD=7.0762 RMB (Yuan) on Dec 5

Product

Spec

Origin

Price

Up/Down

Note

HMS2

6-10mm

Chaoyang

2730

 --

 Tax Included, by Cash

Medium Ferrous Scrap

4-6mm

Chaoyang

2580

 --

 Tax Included, by Cash

HMS1

15-25mm

Benxin

2820

 --

 Tax Included, by Cash

HMS2

6-10mm

Benxin

2700

 --

 Tax Included, by Cash

Medium Ferrous Scrap

4-6mm

Benxin

2550

 --

 Tax Included, by Cash

HMS2

6-10mm

Fushun

2670

 --

 Tax Included, by Cash

Medium Ferrous Scrap

4-6mm

Fushun

2520

 --

 Tax Included, by Cash

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