Chinese Ferrous Scrap Prices Likely to Remain Strong Amid Restocking

Mining News Pro - According to reports, On September 19, among the 245 key steel mills in China, 30 steelmakers have increased their purchase price of steel scrap by RMB 20-70/MT (USD 3-10) however, 3 of them reduced the price marginally.

Chinese Ferrous Scrap Prices Likely to Remain Strong Amid Restocking

Mining News Pro - 30 steelmakers have increased their purchase price of steel scrap by RMB 20-70/MT (USD 3-10)

Chinese Ferrous Scrap Consumption Rise 41% in H1 2018

Mining News Pro - Since past few years ferrous scrap consumption in steel making is gradually increasing in the world. Especially for worlds` largest steel producer China, these figures are more highlighting.

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