Tag: China: Ferrous scrap prices rise in Mar’26 on supply constraints

Low inventories and tight supply push prices higher Gradual supply recovery expected as scrap processing resumes Mysteel: China’s ferrous scrap market remains tight after inventories fell to multi-year lows in January-February due to weak processing and holiday disruptions. Despite a modest recovery in March, stocks remain below last year, while scrap inflows stay subdued. Prices…