Tag: Chinese scrap consumption

Steel scrap inventories at the 61 Chinese steel plants including both blast furnace and electric-arc-furnace (EAF) producers Mysteel monitors weekly swelled for a sixth successive week last week, up by another 128,300 tonnes or 4.2% on week to reach a ten-month high of 3.2 million tonnes, according to Mysteel’s latest survey published on December 20.…