Tag: China Scrap Consumption

China’s ferrous scrap consumption was recorded at 64.1 mn t in Q1 CY’21 compared with 41.5 mn t in Q1 CY’20, according to the latest figures released by the Bureau of International Recycling (BIR). Scrap consumption in China rose on account of its 14th Five Year Plan objective of reducing carbon emissions from steel production.…