24
Nov
10:00
Tangshan announces scrap industry development plan
The Tangshan government announced on Thursday a three-year plan to build Tangshan into China's largest recycling and processing base for scrap steel by the end of 2025.
According to a public document issued by the Tangshan government, the total amount of scrap steel recycled by Tangshan steelmakers is expected to reach 40 million tonnes/year by the end of 2025. The scrap steel ratio should meanwhile reach 30%, Kallanish notes. At present, the sc…
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Anonymous
Very good overview of the weekly steel market.
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