Tag: China Steel Scrap Consumption
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Chinese steel scrap consumption grows by 5% in CY’20
China’s total scrap consumption was recorded at 230 mn t, up by 4.73% y-o-y in CY’20, according to recent data released by CISA. On the other hand, steel scrap supply in China has grown by 4.5% y-o-y and stood at 270 mn t .Earlier this year, China had lifted the restriction on imports of few…