China’s ferrous scrap imports stood at 75,143 tonnes (t) in October 2022 compared to 54,006 t in September, a significant increase of 39% m-o-m – which is a 15-month high. However, imports fell by 27% from January to October this year compared to the same period last year. Chinese mills imported 17,405 t of scrap from Japan in October, significantly down by 64% as against 48,129 t in September. However, imports from this Asian country were up by more than 300% y-o-y as against 3,930 t in the same month last year.
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