SteelMint

Tag: china scrap import

  • China: Ferrous scrap import market remains quiet

    China: Ferrous scrap import market remains quiet

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    by

    Drishya Yadav
    in

    China’s ferrous scrap import market saw deals drying up from Japan, as per latest updates received by SteelMint. Bids from Chinese buyers for HRS101 grade scrap is at $520/t CFR. However, the offers are at $575-580/t CFR. Chinese buyers have kept away from booking Japanese material owing to dull demand on steel production cuts. Scrap…