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Faced with the dual pressures of increased costs and the market downturn, Shaoguan Steel, Guangdong steel, spring steel had to take the new price policy to keep the final bottom line mills. But for using waste steel enterprises, the most difficult time in mid-May has arrived, and not because the costs to short-term trend continues to deteriorate. So most of the enterprises are welcome to use scrap steel prices appear limit, so the stability of the steel market price has a positive effect. But out of consideration for the factory steel sales volume and market share, they will implement the policy limit itself is still under consideration.

 

But for scrap traders, they have to pray three steel enterprises price policy can play a role. Although these three steel scrap prices hardly involved in the operation of the market. But the price can not be stable if the steel city, the late South China steel prices still continue downward. Local scrap prices dragged down fall, after all, will eventually be passed on to the scrap Variety downward pressure on scrap steel prices.