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08 Feb
09:12

China sees more imported scrap arrivals

Scrap purchased by Chinese steel mills has been arriving at Chinese ports ahead of the Chinese New Year holiday starting 11 February. Although completed deals have been sparse, they have provided confirmation that importing scrap into China is workable in practice as prices begin to become more attractive, Kallanish notes. After Baowu Group's scrap imports were first to pass customs clearance, a growing number of scrap cargos are waiting for inspection at…
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