With the declines seen in semi-finished steel and finished steel prices, domestic steelmakers' profit margins have been shrinking and some high-cost electric arc furnaces have been idled, causing a decrease in demand for scrap. Iron ore import prices have lately indicated a slight recovery, while at the same time traders in some regions of the country have tried to increase their finished steel sales prices, which will likely provide a certain degree of support for local scrap prices. Nevertheless, it is thought that scrap prices in the Chinese domestic market will likely follow a slight downtrend in the coming week.