We Can Get More Through The Scrap Steel Industry

In 2022, the price of scrap steel can be described as ups and downs, the Maginot line would soon break the small heart of the scrap industry boss, deep in the whirlpool of many industry giants began to be confused.

Scrap steel formal named by renewable resources ,and  commonly known as junk. Do not think that junk is irrelevant to the national economy, we can get completely through the price fluctuations of scrap steel industry to dialysis the whole market economy and trend, someone asked why? Scrap steel is also steel, which is related to the direction of the national construction and affecting the world economy. No any country’s economic development is well without steel, so the whole economy can be seen through the steel or even through the scrap steel.

In fact, our country has entered a trade war in 2021. In the face of various sanctions from Europe and the United States, we have also conducted counter-sanctions. In a precise sense, we are engaged in a war of self-defense.In 2021, Australia stopped exporting Chinese iron in order to restrict the development of China’s economy to detonate our bubble economy through steel.As China relies heavily on Australia’s iron ore, the proportion of imports has reached 70%.In the face of power, we have to take up scrap steel to fight back, and increase the consumption of scrap steel through urbanization and illegal demolition,even multi-channel import of South Africa and Japan scrap steel, to control steel prices do not rise too fast, once let scrap industry a carnival.In 2020~2021, as long as you have the goods in hand, you will make a lot of money, and all kinds of capital will also intervene in the singing and dancing carnival continues.This also leads to our hydraulic steel grab hot nationwide, overtime rush system, in fact, we know this is just a shot in the arm, behind the storm has not been eliminated.

In 2022, the outbreak of the epidemic, the entity was hit hard, the real estate recession, let the steel industry is really confused, and the domestic demand momentum is insufficient.With the end of the urbanization construction and the recession of the real economy, the bosses in the scrap steel field have no goods to collect, and the steel price has no market.EIA safety inspection is worse, scrap steel into a state of ups and downs, small profit led to a lot of scrap capital quickly removed.Our hydraulic steel grab machine has also entered the unsalable state, as for the future trend and trend has been unable to analyze through the normal law of market economy.But we think that in the persistence, efforts to do their own products, practice internal work, expand new products, the year of crisis, we can not give up, scrap steel industry is also appropriate to enter a reshuffle stage,” to more wash ,to be more healthy”?


Post time: Oct-12-2023