01
Feb
12:57
Sporadic transactions light up China's scrap imports
Chinese scrap import transactions have appeared more frequently after international market prices have fallen. Japanese scrap has become the main target of Chinese buyers, Kallanish notes.
A major eastern Chinese steelmaker has been discussing a purchase of 30,000 tonnes of US shredded scrap, as well as 3,000t of heavy scrap from Japan's Hanwa Group. This is said to be priced at above Chinese market rates. The material is expected to reach Chinese po…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous