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Chuangcai Group Chuangcai Group

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Specializing in the research, development, production and sales of galvanized sheets, color-coated sheets, film-coated sheets and metal decorative materials

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2026.05.06


Global scrap steel prices rose by 10% in April, while European markets remained stable.

According to market data, global ferrous scrap prices rose by as much as 10% in April 2026. Compared with the start of the year, prices across all regions remain 5–20% higher, reflecting a gradual recovery after an initial period of weakness. In Turkey, from April 3 to May 1, the price of HMS 1&2 80:20 scrap increased by 2.4% to USD 407.5 per tonne, the highest level since February 2024. The average price for April was USD 400.8 per tonne, up 5.3% from March’s USD 380.7 per tonne. By the end of April, the market had entered a balanced phase, with prices stabilizing in the USD 400–410 per tonne range. In the short term, supply shortages and rising logistics costs will support prices, but softening steel prices will cap further gains. In the European Union, scrap prices remained unchanged in April. Germany’s E3 scrap EXW price stayed steady at EUR 300 per tonne, while Italy’s E3 scrap delivered price fell by 0.8% to EUR 327.5 per tonne. External demand continues to be a key stabilizing factor; increased purchases from Turkey have ensured outflows from northern ports, thereby preventing price declines. On the U.S. East Coast, scrap prices rose by 3.3% in April to USD 363 per tonne FOB. The average price for April was USD 355.1 per tonne, up 5.5% from March’s USD 336.6 per tonne. In the second half of April, exports became the main driver of growth, with new CFR deals to Turkey exceeding USD 400 per tonne boosting expectations and strengthening sellers’ bargaining position. In China, scrap import prices saw the largest increase in April, climbing 9.9% to USD 390 per tonne, whereas domestic quotations rose by only 1.6% to USD 352.6 per tonne. The global rise in scrap prices—particularly in Japan—combined with supply shortages has led to a sharp surge in import prices. Suppliers are shifting their focus to more profitable markets, effectively squeezing China out of active trading.

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CHUANG CAI

As strong as steel, as agile as intelligent manufacturing

Welcome to Chuangcai, a trusted choice for global sales

New era, new challenges, new opportunities. The global steel market is waiting for us to make great achievements. With the goal of building a grand brand, we adhere to steady operation and long-term development. At the same time, relying on strong human resources, rigorous management and business philosophy, through the accumulation of our own experience and the unremitting pursuit and improvement of the future, we constantly carry out self-innovation, technological innovation, management and business philosophy innovation, follow the trend of the development of the current international market, adhere to the business philosophy of people-oriented, quality-oriented enterprise, honesty and trustworthiness, and continuous innovation, and build the company into an internationally advanced multinational enterprise.

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Chuangcai Group Limited

2012 Found In

Chuangcai Group Limited was established in 2012 as an integrated company specializing in design, research and development, production, and sales. The company primarily engages in the import and export of products such as color-coated steel sheets, galvanized steel sheets, and corrugated steel sheets. Since its inception, the company has adhered to the principles of putting people first and prioritizing customer satisfaction, consistently staying at the forefront of the industry. The company primarily exports to over 30 countries and regions worldwide, including South Korea, Southeast Asia, the Middle East, Africa, South America, and Europe.

Why Choose Us

High-quality metal sheet solutions

One-stop supply chain

Improve efficiency

Integrating processing, warehousing, logistics and export packaging, realizing rapid delivery from raw materials to finished products, and completely cutting off the delay pain points caused by the fragmentation of traditional links.

Comprehensive Certification

Quality Controllable

Products have passed international certifications such as SGS/BV/CIQ/ISO9001, ensuring that customers consistently obtain consistent performance in various application scenarios. Chuangcai Group ensures the stability of finished products for export orders and high customer satisfaction through a strict quality control system.