Scrap prices fell first and then rose, with just-in-time procurement trading moderate [SMM Recycled Rare Earth Weekly Review]
[SMM Recycled Rare Earth Weekly Review: Scrap Prices First Fell Then Rose, Just-in-Time Procurement with Moderate Trading] Overall, driven by the rise in oxide prices, scrap prices showed an uptrend, and the circulation of tax-included scrap increased. As scrap procurement remained in an inverted state, recycling enterprises mainly made just-in-time procurement, and overall market trading was moderate. In the short term, driven by oxide prices, scrap prices may drift higher.