Tag: china scrap
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China qualified yards’ scrap stocks down 7.3% m-o-m in Nov
The stocks of processed and unprocessed steel scrap held by the 293 licensed steel scrapyards across China edged down for the fourth straight month during November, falling by another 7.3% on month, Mysteel’s latest monthly survey has found. Scrap traders’ concentrated deliveries to mills were again mainly responsible for the monthly decline in stocks. As…