Tag: China scrap imports
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China: Ferrous scrap imports rebound in Feb’22 on increased buying from Japan
China recorded a m-o-m jump of 44% in imports of recycled steel raw materials, or ferrous scrap, in Feb’22. The world’s leading steel producer imported 14,421 tonnes (t) of ferrous scrap in Feb’22 as against 9,995 t in Jan’22, as per customs data maintained with SteelMint. Japan retained its position as the leading ferrous scrap…