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02 Feb
14:56

Scrap consumption growth, Biden to lift prices: AMKR

The rise in steel prices in recent months is quite justified and will continue, says ArcelorMittal Kryvyi Rih (AMKR) director of sales Evgeny Chumachenko. “A lot of industries in China, Vietnam, Bangladesh, Turkey and United States are switching to ferrous scrap as a more environmentally friendly raw material,” he observes in an interview published on AMKR’s website. “But they did not collect scrap in large volumes, which makes it more expe…
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