01
Dec
05:34
China encourages development of scrap enterprises
China’s Economy and Information Commission (EIC) launched a scrap enterprises management plan on 30 November, aiming to strengthen support for scrap processing companies. Chinese scrap utilisation rates remain well below other coutnries and scrap processors and distributors are struggling to remain profitable, Kallanish notes.
The notice shows four batches of scrap processing companies have received official approval from the government, and a new informat…
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Anonymous
Very good overview of the weekly steel market.
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