26
Feb
17:30
Rising demand drives China's scrap import transactions
China's scrap market prices have seen a significant increase under the stimulus of domestic demand. At the same time, scrap import transactions are becoming more frequent to supplement domestic supply.
On Friday, Kallanish assessed Chinese heavy scrap delivered to mills in eastern China Yangtze River Delta at CNY 3,229/tonne ($498.9/t), including VAT.
China's local scrap prices rose sharply last week as southern Chi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous