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Spot Market For Scarp

Scrap: On April 8, the scrap market price continued to run strongly, the average price of scrap steel in 45 major markets in the country was 3030 yuan/ton, up 18 yuan/ton compared with the last trading day. The price adjustment of steel mills was mainly rising, while the price of scrap steel in mainstream steel mills and the market remained stable. Scrap market bullish sentiment is strong, scrap resources liquidity is strong, the market turnover is frequent, the recent price may fluctuate wide. Scrap short - term wait and see timber, is expected to continue to shock 9 strong operation.

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