Analysis on domestic steel scrap market trend in Q1, 2013
2013-02-25 17:13:00 【Print】
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According to market development in 2012, steel scrap prices were in decline in the best part of the year
. On demand and supply, domestic steel scrap consumption in 2012 was much lower than that in 2011 . Both demand and supply were in weak movement . Entering 2013, stimulating policy pushed up domestic steel demand, so steel scrap market was anticipated to perform better than 2012 . Domestic prices were upward in general in Q1 . Details are as follows.