Tag: china ferrous scrap imports
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China: Ferrous scrap imports rise by 3% m-o-m in September
China’s ferrous scrap imports stood at 54,006 tonnes (t) in September 2022 compared to 52,368 t in August, a marginal increase of 3% m-o-m. Ferrous scrap import volumes increased as mills ramped up their scrap procurement as demand for construction steel rose. Ferrous scrap imports increased by over 160% y-o-y in September compared to 20,479…