SUSscrap MarketWatch 2023#5 Deflationary spiral
The domestic stainless steel scrap market is once again on a downward trend. Last week, Nittetsu Stainless and Shinwa Steel secretly lowered the unit purchase price of 304 scrap by 5-10 yen/kg. Nittetsu Stainless and JSP are considering a further reduction of 10 yen and restrictions on delivery quotas.
There are several stories leading up to this point, but basically it boils down to the fact that demand for stainless steel scrap is lacklustre both at home and abroad.
LME nickel market($/ton) and 304 scrap(in japan \/kg)
Trends in the 304 scrap market in China (RMB/ton)
Although POSCO has resumed buying for South Korea, Pohang has an overstocked inventory. So domestic shippers for South Korea cannot buy much either. Nippon Yakin has already stopped loading, and JSP from Nippon Steel & Stainless, is also in the process of tightening quota restrictions as mentioned above. In addition, the buying by shippers for China is also waning as local Chinese dealers are buying less and the market price has slumped to below USD 1,600 (below RMB 11,000).
In other words, the selling space is narrowing.
With the market falling and the selling space shrinking, the stainless-steel scrap market is once again on the road that it has been on for some time.
(IRUNIVERSE YT , translated by MK)
関連記事
- 2025/07/18 ステンレス鋼材国内市場近況2025 #26 2024年度ステンレス鋼生産・輸出・輸入
- 2025/07/18 鉱業企業、米上場相次ぐ 金鉱のオーラやニッケルのネックスメタルズ、人気はイマイチ
- 2025/07/18 ステンレス鋼材国内市場近況2025 #25 2025年5月 熱間圧延鋼材生産・消費・在庫
- 2025/07/16 チタン原料市場市況2025年7月 横ばい多い、酸化チタン動かず上昇余地限られる
- 2025/07/15 2025年5月のステンレス熱間圧延鋼材生産統計 前年同月比4.3%増の181,119トン
- 2025/07/14 民間航空機受注納入統計(25年5月):パリ航空ショーの前倒し?
- 2025/07/14 アジア・欧州・中国のステンレス価格(7/11)
- 2025/07/14 非鉄各社26/3期の前提とのギャップについて(6/11時点)
- 2025/07/14 LME Weekly 2025年7月7日-11日 おおむね下落、米関税政策不安とドル高が重し
- 2025/07/11 JSP袖ヶ浦は国内最大級の岸壁型SUSスクラップ加工ヤード