Author: Nishtha Mukherjee
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China eyes 340 mn t ferrous scrap generation by CY’25
Carbon compulsions may see rise in EAF share China’s ferrous scrap generation could touch 340 million tonnes (mn t) by CY’25 and more than 400 mn t by CY’30, an increase of more than 1.5 times compared to CY’20, as per the State-run think-thank, Chinese National Institute of Metallurgy. The share of ferrous scrap used…