10
Mar
14:06
China scrap buyers shun HMS, imports remain unprofitable
Although China has begun importing ferrous scrap after revoking import restrictions, the import trade is still not profitable, says Hu Hongsheng, director of the scrap research department at Fubao Information Company.
Since Baosteel's raw material purchasing subsidiary ordered the first batch of imported scrap from Japan, more than ten import transactions have been confirmed. Most of these transactions are from Japan, because the country is near…
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Anonymous
Very good overview of the weekly steel market.
Anonymous