Author: Manish Agrawal

  Steel scrap consumption in China has surged exponentially by 46.1% within the first two quarters of 2017 to 62.24 million tonnes (mnt). Whereas the total steel scrap consumed during 2016 was 90.1 mnt. Figures released by China Association of Metalscrap Utilization (CAMU) reveals that steel producers have increased scrap feed from 111kg per tonnes…