Tag: China scrap imports

China: Ferrous scrap imports rebound to two-year high in CY’21

Jan 21, 2022

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by

Drishya Yadav

in Melting Scrap

China recorded a massive jump of 1938% in imports of recycled steel raw materials or ferrous scrap in CY’21 (Jan-Dec’21). The world’s leading steel producer imported 5,01,992 tonnes (t) of ferrous scrap last year as compared to 24,633 t in Jan-Dec’20, as per customs data maintained with SteelMint. Country-wise breakup Imports from Japan spike: Chinese mills…