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Tag: China scrap offers

  • China: Ferrous scrap imports hit 15- month high in Oct

    China: Ferrous scrap imports hit 15- month high in Oct

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    Admin Operation
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    Sourcing from non-conventional suppliers spurts, albeit on low base  Auto sector rebound fuels scrap demand  Further restocking tepid amid production cuts  Morning Brief: China’s ferrous scrap imports stood at 75,143 tonnes (t) in October 2022 compared to 54,006 t in September, a significant increase of 39% m-o-m — which is a 15-month high.  Ferrous scrap import…