Tag: China Scrap Consumption
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China’s qualified yards’ scrap stocks down 6.4% m-o-m in Sept’21
The stocks of processed and unprocessed steel scrap held by the 293 licensed steel scrapyards in China decreased for the second month during September, falling by another 6.4% on month, Mysteel’s latest monthly survey has found. The scrap traders’ faster pace of selling scrap to mills was largely behind the decline, respondents said. As of…