Tag: My steel
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China scrap stocks drop over holiday, prices stable
Total stocks of steel scrap at the 61 steelworks Mysteel regularly monitors across China posted a substantial decrease of 17.5% over January 20-26 due to a standstill in the domestic steel scrap market during the Chinese New Year (CNY) holiday over January 21-27. As of January 26, total scrap stocks among the surveyed mills including…