China: Ferrous scrap imports up by more than 35% m-o-m in October

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China’s ferrous scrap imports stood at 75,143 t in Oct’22 as compared to 54,006 t in September, a notable increase of 39% m-o-m, as per SteelMint data.
The UK emerged as the new top exporter with 51,067 t followed by Japan and South Korea at 17,405 t and 3,247 t respectively.
However, during the period of Jan-Oct’22, imports declined by 27% as compared to the CPLY.

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