Tag: china ferrous scrap imports
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China: Ferrous scrap imports increase by over 35% m-o-m in October
China’s ferrous scrap imports stood at 75,143 tonnes (t) in October 2022 compared to 54,006 t in September, a significant increase of 39% m-o-m. Ferrous scrap import volumes increased as Chinese mills started procuring from other countries, too, other than just the major exporters in view of the upcoming demand surge ahead of the construction…