Tag: China Scrap Consumption
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China’s scrap utilization ratio falls further in Sept’21
Steel scrap utilization in the crude steel produced by 211 Chinese steel mills sampled in Mysteel’s regular survey decreased for the fourth straight month in September, shrinking by another 3.39 percentage points from August to 22.33% on average. The survey samples integrated and electric-arc-furnace (EAF) producers, as well as those mills using both blast-furnace (BF)…