Tag: China billet imports
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China: Billet Imports Up On Scrap Import Restriction
China’s semi-finished steel surged in Sep’19 amid scrap ban. On 1st Jul’19, China’s Ministry restricted imports of scrap with importers requiring proper permits. This was done in order to further standardize the management of solid waste imports, and to prevent, control and reduce environmental pollution. According to data maintained with SteelMint, China’s ferrous scrap imports…