Tag: Crude Steel Production and Scrap Use in China

According to China Iron and Steel Association, China’s crude steel production is expected to drop by around 35 million tonnes (mn t) in 2021 to 1.03 billion tonnes (bn t) from 1.065 bn t in 2020. Data shows that total steel scrap generation in CY’21 was 270 mn t, of which 230 mn t was…