Tag: China: Ferrous scrap recycling drops to lowest level in eight months

Reduced scrapyard operations, weak demolition activity curb supply Falling scrap prices and sluggish steel demand dampen recycling Mysteel Global: China’s ferrous scrap recycling from construction and demolition sites slumped in October, falling to its lowest level in eight months amid slower scrapyard operations and weakening demolition scrap prices. During the first three weeks of October,…