Triggered by the rebounds in global iron ore prices and in semi-finished steel prices in Hebei Province, steel scrap prices in the northern region of China have moved up slightly. However, with no recovery in buying activity, prices of steel scrap have remained unchanged in most regions of the country. Market players indicate that, while the domestic steel market is now on an uptrend for the most part, it is still uncertain whether scrap prices in China will improve in the coming period.