25
May
12:56
China's scrap consumption falls in Jan-Apr
China's scrap consumption has seen a steeper decline alongside a simultaneous reduction in crude steel production, with weaker steel prices but firmer scrap prices leading to lower scrap consumption by steel mills, Kallanish notes.
According to China Association of Metalscrap Utilization (CAMU) data, China's scrap consumption lost 14.5% to 76.36 million tonnes over January to April. Crude steel production in China meanwhile declined by 10.3% to 336.15…
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Anonymous
Very good overview of the weekly steel market.
Anonymous