Current location - Trademark Inquiry Complete Network - Futures platform - What determines the price of scrap recycling?
What determines the price of scrap recycling?

The editor of Scrap House will give you an answer: This is closely related to the current economic situation, just like the real estate industry. Now the real estate industry is sluggish and the demand for steel is low. In addition to the current overproduction of steel plants, the price of steel It will naturally fall, and the price of scrap products will be affected. Affected by macroeconomics and supply and demand. If futures sales are good, mass production is required, and the price of raw materials will also rise; if futures cannot be sold, mass production is no longer needed, and the price of raw materials will naturally fall.