Tag: China Steel Scrap Consumption
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China’s steel scrap consumption jumps 18% in Jan-Sept’21
China’s steel scrap consumption climbed 18% to 183.17 mnt in the first nine months of 2021 (Jan-Sept’21) as against 155.2 mnt in the same period in 2020, as per data released by Bureau of International Recycling (BIR). This increase reflects in part the goal of higher steel scrap usage announced in China’s latest Five-Year Plan…