On February 23 (the fourteenth day of the first lunar month), the black **commodity is narrow**, and there is a temporary lack of driving logic! The price of the snail 05 contract was 3790 yuan ton, down 3 yuan ton, a drop of 008%。The price of iron ore 05 contract was 899 yuan ton, up 4 yuan ton, or 045%。
On the 23rd, the national scrap steel market was stable and rising. Among the 295 steel companies tracked by Fubao, 11 rose and 5 fell, of which the steel mills with price increases were mainly distributed in Hebei, Xinjiang and other places, with an increase of 10-100; The falling steel mills are mainly concentrated in Shandong, with a decline of 20-50.
At present, the factors affecting the trend of scrap steel are: 1. The large-scale rain and snow weather in the country affects transportation, and the resistance to the circulation of resources inside and outside the provinces is greater; 2. The upstream and downstream resumption rate is low, and the resource output is limited; 3. Other black varieties such as snails are running, and the market has a strong wait-and-see mentality; 4. The finished material market has not yet picked up, the sales of steel enterprises are generally poor, and the loss area has increased.
— Enter the dividing line ——— the body
Today's cold wave is coming, snowfall and rain in many areas, and there is even a "hail" here. 
In Wuxi, a treasure of feng shui, such bad weather is rare, and this time it has also been popularized fiercely. But even if the weather is bad, many old irons look at the top of the two-day spot, and want to hurry up the shipment to avoid risks as soon as they resume work. Some of the wool stocks of the previous year were quickly processed. No, it was a bunch of fresh briquettes from the factory of "Honey Snow Ice City". 
To get back to the point, at present, the upstream resources of scrap steel are still in the recovery stage, and there are not many feedback wool materials from customers at the site, so although the processing capacity is reduced, it can still be processed with hard work. 
Of course, in addition to the Wuxi area, the surrounding areas also have varying degrees of snowfall and cooling, followed by the problem of icy roads. In the past two days, scrap steel merchants have begun to increase their willingness to ship, but vehicles are difficult to find. Just after the Spring Festival return peak, the road conditions are not so congested. However, it encountered a cold wave at this time, and the transportation of scrap steel was greatly restricted.
According to the feedback of some scrap steel merchants who delivered goods, due to the impact of low temperatures in ice and snow, there was icing on the roads that affected traffic on viaducts, bridges and other road sections, and there were also many traffic accidents. On some county roads, the transport vehicles on the elevated road do not exceed 20 yards, and the original three-hour journey may now take more than half a day, which seriously affects the efficiency of scrap processing and transportation. 
255 steel mill scrap arrival trend chart).
According to the practice of previous years, there will be a rapid climbing process of scrap steel after the Spring Festival. The arrival of 255 sample steel mills in Fubao has now risen to 23About 620,000 tons a day, close to the same period last year, did not exceed expectations. On February 23 (the 14th day of the first lunar month) Fubao surveyed 110 scrap steel bases arrived at 8,550 tons, compared with 9,510 tons in the same period last year, and the base received nearly 10 tons year-on-year1%。According to this, the processing of scrap steel is still limited temporarily, and the efficiency of logistics and transportation also needs time to gradually recover, and the recovery speed of the first end is relatively slow. On the whole, it is not only the merchants who are anxious about shipments in the near future, but also the purchases of some manufacturers with low winter storage inventories are also anxious to scratch their ears and cheeks. The arrival of steel mills as a whole is still at a low level. In addition, the scrap steel market has entered a low ebb period in recent days, and it is worth noting that the current demand for finished products is still uncertain, the profits of steel mills have declined, and some steel mills have lost money again. Most of the electric furnace steel mills have not resumed production, but the inventory of finished thread products has been at a high level, and the steel mills said they need to wait and see. Then when the scrap steel is recovered, the steel mill replenishment is over, and the scrap steel may be made up. The short-term suggestion is that you still need to hurry up the shipment, but you should also remind the old iron to pay attention to safety and present a driving precautions to wish you peace. 