China’s scrap-to-steel ratio rises, upward trend will continue

Tuesday, 23 December 2025 10:16:25 (GMT+3)   |   Shanghai

Wang Dongming, vice chairman of the Standing Committee of the National People’s Congress, which is the supreme organ of state power of the People’s Republic of China, stated on December 22 that China’s resource recycling system is increasingly complete, and that the country has initially established the world’s largest and most category-comprehensive recycling and reuse network. According to Wang, in 2024 scrap steel accounted for roughly 21 percent of the raw materials fed into steel production, playing a vital role in safeguarding resource security.

As of the end of October 2025, the scrap-to-steel ratio in China (the proportion of scrap consumption per total crude steel output) stood at 212 kilograms per metric ton, up by 14.5 percent compared to the average level recorded in the 2016-2020 period, which was 185 kilograms per metric ton. Government policy aims to raise the utilization rate of scrap, with the comprehensive scrap-to-steel ratio in China expected to reach 30 percent by the end of 2030.


Similar articles

Daily iron ore prices CFR China - May 15, 2026

15 May | Scrap & Raw Materials

Local coke prices in China move up, further increase possible

15 May | Scrap & Raw Materials

Local Chinese PPGI prices rise further amid strong raw material price support

15 May | Flats and Slab

Ex-China rebar prices rise further this week, but uptrend may be over

15 May | Longs and Billet

Ex-China HDG offers rise further on stronger overseas demand

15 May | Flats and Slab

Stocks of main finished steel products in China down 2.2% in early May 2026

15 May | Steel News

CISA mills’ daily crude steel output up 3.6% in early May 2026, stocks also up

15 May | Steel News

Iron ore prices in China maintain strong trend above $110/mt CFR, further rises doubtful

14 May | Scrap & Raw Materials

SE Asian billet buyers more active in negotiations, some price rises accepted

14 May | Longs and Billet

Shagang raises its scrap purchase price by $7.3/mt on May 12

14 May | Scrap & Raw Materials