1. The recovery of scrap iron price is closely related to the price of iron ore. With the price of iron ore rising in the market, the price of scrap iron is also rising, and the price of scrap iron is also rising. The price of 20 18 scrap iron depends on the price of iron ore.
2. In 2007, the price of iron ore was as high as 5,700 yuan per ton, with a slight difference between different places, such as the lower shipping price. After the financial crisis, the state stimulated the economy, invested in infrastructure and issued 4 trillion yuan. Small factories and workshops are different, and the price of iron ore is falling every year. By the end of 20 15, 2400 yuan per ton. After entering 20 16, the state began to implement environmental protection management and eliminated backward production capacity, and the price of iron ore began to rebound, rising all the way to the current 4900 tons. During this period, the price of scrap iron also rose.
3. Iron is a commodity, which has a great influence on the national economy and people's livelihood. As a result, the price of iron doubled, as did other metal products. For example, the price of 20 1 stainless steel dropped from 7000 yuan per ton to 1300 yuan now, and the price of 304 stainless steel rose from 1 1000 yuan per ton to 23000 yuan per ton now. Commodity prices are unlikely to rise indefinitely, especially if prices double. A year later, the demand for iron peaked. It will be less from June to August. After September, the demand for iron will rise again. At the beginning of this year, the corresponding iron price will rise slightly, and it is expected that there will be a slight decline in the middle of this year. There will be a slight increase at the end of the year.
The iron market is mainly determined by two markets, one is the domestic market and the other is the international market. At present, in the foreign trade war between China and the United States, the goal of the United States is to raise steel tariffs. This is a major blow to exports, and demand will decrease accordingly. Compared with last year, the infrastructure investment in the domestic market has not increased much. On the supply side, China has strengthened environmental management this year to prevent the resurgence of small factories. At present, few small factories join in steel production, and the supply level remains at last year's level. The profits of listed steel companies have also been announced. Thanks to the increase in the price of 20 17 iron ore, Baosteel's profit in the first quarter reached 6 billion US dollars, and it suffered a loss when the price of 20 15 steel was low. Therefore, we can also refer to the price of iron in this respect.
5. Iron ore prices are unlikely to rise sharply, and fine-tuning is a normal market. Judging from the carrying capacity of upstream commodities, the price of iron is actually still at a high level. Personally, I think 4000 yuan per ton is a better price, which can guarantee the profits of steel mills and control the costs for upstream customers.
6. According to some analysis data of scrap iron, it can be seen that the price of scrap iron follows the price of iron ore.