The second quarter had ended the scrap market has ushered in the summer heat, the hot season and in stark contrast to the flat of the stock market.
 
Based on the constraints of the economic environment and the advent of the steel consumption in the off-season, the current market can hardly be improved is an objective fact that the market look forward inflation expectations probably will eventually come to nothing.
 
In some areas after rumors that the market will face a new round of market slump, pessimism and difficulty of the operation of the traders undoubtedly increase. Fork in the face of market ups and downs, many businesses are deeply month of market uncertainty. The scrap market in the end of July, we will talk to the most basic aspects of some of the views.
 
The one hand, the average daily production of crude steel in early June was 1.9994 million tons, 1.9705 million tons in mid- From the data, significantly higher than decline in production in May, the current capacity is too large the market is undoubtedly good, but slightly reduced and can not reverse the current situation.
 
To the huge capacity of the steel industry base, reduced production are limited, crude steel production is still continuing high In addition, the National Society of steel inventory for 17 weeks decreased, but compared to last year, steel inventories are still higher than the 1.11 million tons, rebar and wire rod of the total inventory of 1.63 million tons higher than the same period last year. The official said the inventory decline has slowed down and crude steel production is still high, the supply pressure of the steel market is still difficult to effectively alleviate the oversupply situation is difficult to have significant improvement in the scrap market will also be restricted.
 
Steel mills, on the other hand, the current amount of scrap has dropped slightly, generally prudent procurement. Recent research on the part of manufacturers, we can see that steel scrap demand a slight decline in the north-south trend, there was no large differences.
 
A receiving venue official said, "Our factory is the weakness of the Steel City to face serious operational effectiveness of problem, the efficiency loss in the last month.
 
Earlier effectiveness of the best of times throughout the day across the board production often can not meet demand, but also need to outsource billets for further processing. and now the advent of consumer off-season factory has already begun plans to reduce production, production line up to now only arranged 12 hours, otherwise the more the production of more losses, inventory backlog not only anxious. "In addition blast furnace and converter manufacturers also said that scrap prices compared with the current steel prices still at high levels, more ore and pig iron these alternatives often cost more than scrap. Visible, as the manufacturers plan to adjust the amount of scrap directly affected, as long as the inventory to meet the normal production, the manufacturers will not rush to the bulk purchase, which also led to changes in the current market difficult.
 
In summary, the scrap rose hopeless, that will have dropped sharply this month it? Taking into account the hot weather, site demolition and scrap processing, or affected to some degree, the overall supply of scrap is tight, the middle number of heavy trading link profit thinner, making the majority of businesses in the capital can still be the case do not want to cheap shipping.
 
Therefore, the possibility of substantial downside is not large, will be slight fluctuations in the current price, low-cost adjustments mainly. Businesses also do not need to worry too much about the arrival of the market slump, profits can still be to pay close attention to operating.




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