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Scrapping with iron ore prices

There are already worries over iron ore demand from China falling in the long-term as the Asian nation’s steel recycling supply chain establishes itself, but steel scrap’s day-to-day influence on the iron ore price is a relationship investors need to get to grips with now if they are planning on putting money into the sector.

Scrapping with iron ore prices Scrapping with iron ore prices Scrapping with iron ore prices Scrapping with iron ore prices Scrapping with iron ore prices

Steel’s recyclability could be iron ore’s downfall (photo: IFCAR)

Both iron ore and steel scrap are components of the steel-making process.