What most affects scrap recycling prices is the current economic situation and commodity prices.
A year ago the world was in inflation and any scrap prices were good. But now because global demand is shrinking, with oil, iron ore as the representative of the material are falling prices, scrap can not be alone up.
What's more, the financial crisis is spreading around the world, out of the expectation of an economic downturn, the price will have to fall, down to the market to restore confidence, demand picks up until.