Tag: WEEKLY: China mills’ steel scrap stocks at 10-month high

The total inventories of steel scrap piled at the yards of the 300 blast furnace (BF) and electric-arc-furnace (EAF) steel producers under Mysteel’s tracking had increased by a marked 5.3% on week to reach 6.2 million tonnes as of December 27, touching the highest level since early February this year. The northern region of the…