21
Sep
10:13
China releases 12th batch of scrap import quotas
The 12th batch of China's scrap import quotas includes seven companies with a total of 2,610 tonnes of quotas for ferrous scrap, according to China's Solid Waste and Chemicals Management Centre.
This figure continued the downtrend from the tenth batch of 3,970 tonnes approved in late July, Kallanish notes. However, market participants think that more quotas will be released in the fourth quarter, as China will relax the restrictions on …
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Anonymous
Very good overview of the weekly steel market.
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