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10 Mar
14:17

China scrap imports start slowly but prospects bright

China's electric arc furnace rollout will generate more long-term scrap demand. The prospect for China's scrap imports is therefore bright, even if imports are not significant this year, says Hu Hongsheng, director of the scrap research department at Fubao Information Company. Due high Chinese EAF production costs, and complications around China's new scrap import standards, it is difficult for scrap steel imports to expand massively this yea…
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