Tag: china ferrous scrap imports
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China: Ferrous Scrap Imports Up 9% in 2017
China world’s largest steelmaker has witnessed marginal rise in its ferrous scrap imports in 2017. As per customs data, China imported 2.32 MnT ferrous scrap during 2017 registering total growth of 9% Y-o-Y against 2.13 MnT ferrous scrap imports in 2016. On monthly premises, China witnessed increase in its ferrous scrap imports by 28% M-o-M in Dec’17.China imported 0.23 MnT ferrous scrap in December month as against 0.18…