Tag: Chinese scrap consumption
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China: Steelmakers’ Scrap Stocks Refresh Record Low
Total stocks of steel scrap at the 61 steel mills comprising both blast furnace and electric-arc-furnace producers which Mysteel monitors regularly across China decreased by another 241,100 tonnes or 12.1% on week to reach 1.75 million tonnes as of February 20, a new low since Mysteel launched the survey in June 2017, according to the…