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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Irepas: There May Be A Correction in The Fourth Quarter, But Supply Remains TightJuly 1, 2022Global long product prices may correct in the fourth quarter as steel production grows markedly, but there is no clear end in sight to supply shortages, says the International Rebar Exporters and Prod...view
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