Tag: China ferrous scrap prices
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China concludes first deal for imported ferrous scrap from Japan
Imported scrap bookings in China have regained momentum after govt. lifted restrictions on fewer grades of scrap import. A Chinese scrap trader has concluded a deal for 3,000 t of Japanese HS grade scrap. The deal was heard to have concluded at $485/t CFR China basis since the deal was negotiated before the new-year holidays.…