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20 16 will the price of scrap iron rise in may?
Unlikely. Although the price of gap steel futures has skyrocketed some time ago, and the ex-factory price of steel mills in various places has also increased by 40- 1 ton in 60 yuan, it remains to be seen.

From the perspective of economic policy, the country has adjusted its monetary policy to be stable this year, which shows that it is preventing inflation; Judging from the market situation, in addition to the above steel prices, agricultural products have also risen sharply, indicating that the economy has stabilized to some extent.

As for whether scrap iron will go up or not, my personal opinion is unlikely. After all, overcapacity, priority consumption is the stock of steel.