During the given week, steelmakers tried to lower their scrap purchase prices, dragging down scrap prices in the market. Meanwhile, the production operations of electric furnaces have not yet returned to normal levels after the recent holiday, negatively affecting demand for scrap and putting downward pressure on prices. At the same time, blast furnace operation levels are back to normal, providing some support for scrap consumption. Furthermore, domestic semi-finished steel prices have increased, which may also provide support for scrap prices. It is thought that scrap prices in the Chinese domestic market will likely move on a stable trend in the coming week.