24
Mar
00:00
China targets scrap ratio for BOF and EAF production of 30% by 2025
Plans to reform China’s steel industry over the next decade include a target to use 30% scrap in steelmaking by 2025, according to reports. This requires a significant change in the scrap market, which has been struggling to profit during the current fall in steel prices, Kallanish notes.
One measure mentioned in MIIT’s plan (China's Ministry of Industry and Information Technology) is to reform taxes on scrap collection and processi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous