Tag: china scrap
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Steel scrap stocks at China’s qualified yards keep mounting
Total stocks of processed and unprocessed steel scrap held by 584 licensed scrapyards across China continued trending upward for the fifth straight week over February 24-March 2, up by 3% on week or 9% on month, according to Mysteel’s survey. Chiefly responsible for the increase were scrapyards’ faster recycling and processing activities, together with their…