Tag: China scrap use
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China’s scrap use in steel dips to 21.18% in May
After rising for the three prior months, steel scrap utilization in the crude steel produced by the 211 Chinese steel mills sampled in Mysteel’s regular survey decreased in May, reversing down by 2.53 percentage points on month to 21.18% on average. The survey samples integrated and electric-arc-furnace (EAF) producers, as well as those mills using…