In March 2025, the domestic scrap steel market continued its upward trend, with the purchase price of steel mills in many places increasing by 20-80 yuan/ton compared with the beginning of the month, and the inclusive price of heavy scrap steel in some areas exceeded 2700 yuan/ton. This price fluctuation caused by the mismatch of supply and demand, policy adjustments, and the interaction with the international market is profoundly affecting the production and operation strategies of the upstream and downstream industries of the steel industry.