08
Aug
01:00
China's scrap and coking coal adjusted after underreporting uncovered
The evidence presented by Macquarie that China is underreporting pig iron and steel output also have an impact on figures for consumption of coking coal and scrap, the company notes. The growth in Chinese scrap use may have been over stated and coking coal output may have increased rather than fallen, it adds.
China's official pig iron and steel output figures suggest a pig iron to steel ratio of 86.6%, as Kallanish has reported. However, taking Macquari…
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Anonymous
Very good overview of the weekly steel market.
Anonymous