13
Feb
10:48
Indonesia to relax ferrous scrap import policy
The Indonesian government is expected to ease the import of ferrous scrap in the next few weeks, Kallanish understands. A new policy governing the import of all scrap has crimped scrap imports since last November.
Indonesian steel mills have appealed to the government that ferrous scrap cannot comply with many conditions of the new import policy. “Almost all the mills have been affected,” an Indonesian Iron & Steel Industry Association (IISIA)…
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Very good overview of the weekly steel market.
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