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Tag: china scrap imports policy

  • China lifts restriction on imports of steel scrap for fewer grades

    China lifts restriction on imports of steel scrap for fewer grades

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    by

    Rashi
    in

    Recycled steel raw materials that meet the standards of “Recycled Steel Raw Materials” (GB/T 39733-2020) can now be imported freely Chinese steelmakers expect to import initially around 6-7 mn t of scrap annually. However, country’s scrap import volume is likely to reach around 12-15 mn t later Chinese buyers are expected to focus more on higher grade scrap such…