Iron scrap is a new、resource recycling industry in china and has broad development prospects and great potential .But, bowed to the factor of technology and equipment , compared to developed countries , the utilization rate in china is still low. In early 1998, the utilization rate in America reached 52% and 86% now. From some policies of 18th cpc, we can see that the GOV encouraged the development of recycling economy. Thus, the Iron scrap used enterprises will be increased、utilization rate will grow and the demand for Iron scrap will grow too.
However, the economic crisis of 2012 has not completed receded which led to the decline of sales of traditional industries such as hardware manufacturing 、automobile manufacturing 、machinery industry and the toy industry。Thus，the output of Iron scrap in 2013 will decline and the price will increase . Such will give a blow to some industries which regards Iron scrap as raw material. Among these, In Jiangsu Yuxing Industry and trade co.,ltd representative, Iron oxide industry is the amount of large. Iron scrap is the most important raw material in the three raw material in the production of iron oxide. However, iron oxide production is very strict with the quality of Iron scrap , for example: no debris on the surface of material、no corrosion，no punch. Such situation will make it hard for iron oxide industries to purchase Iron scrap and the production cost will increase along with.
Jiangsu Yuxing Industry and trade co., ltd has 30 years experiences of iron oxide production and is the largest inorganic pigment manufacturer in china with yearly 100000 tons of iron oxide pigment. Also, we have been recognized as Jiangsu famous brand and our products are exported to more than 40 countries including Europe、America、Asia and enjoys high reputation and influence
