Tag: China Steel Price
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Steel scrap stocks at China qualified yards up 15% m-o-m
The stocks of processed and unprocessed steel scrap held by China’s 283 licensed steel scrapyards had grown by another 15% on month as of September 25, according to Mysteel’s latest survey. Chiefly responsible for the rise were an increase in recycling activity in the market and active procurement among scrap dealers responding to weaker scrap…