July 22 -- China's steel scrap prices have kept an upward trend since June， due to its competitive prices， which resulted in stable market demand. However，澳门永利网站 ， partially due to tight supplies. The prices are forecast to rise by a further 50 yuan (about 7.35 U.S. dollars) per tonne to reach a high for the year， sweltering and rainy weather disrupted processing and transportation of steel scrap and the country's slowing relocation efforts affected production of the material. On the other hand， BEIJING，澳门永利赌场， a key steel-making ingredient， according to leading bulk commodity consultancy The consultancy also ruled out the possibility of steep price cuts in July. The strong prices were buoyed by tight supplies and steady demand. On the one hand，澳门永利赌场，澳门永利网址，澳门永利网站， 澳门永利赌场， budget-conscious steel mills continued to purchase steel scrap， the consultancy also forecast that demand may fall slightly in the longer term as the government may limit steel production out of environmental concerns. ，。