19
May
01:00
China to use more scrap, not export it; India next region to drive growth: Worldsteel
China is unlikely to become a net exporter of scrap in the foreseeable future as it will increasingly use the feedstock in basic oxygen furnace-based steelmaking to save on energy costs and reduce carbon emissions. So said World Steel Association director general Edwin Basson at this week’s Bureau of International Recycling convention in Dubai.
With Chinese steel consumption growth slowing as China's market becomes “mature”, the global …
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Anonymous
Very good overview of the weekly steel market.
Anonymous