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25 Sep
14:48

China's depressed scrap trade reaches August low

China's scrap imports and exports are at a low level following government restrictions. Imports are still falling but exports have almost disappeared, Kallanish notes. Customs data shows that China exported just 65 tonnes of scrap in August this year. This was down -96.2% year-on-year but remained basically unchanged from the 69t of exports in July. From January to August, total exports of China's scrap were 2,401t, down -99.3% y-o-y. In t…
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