Announcement

Tuesday, December 29, 2009

Chinese steel scrap import surges in 2009

China Association of Metalscrap Utilization said that China's demand for scrap broke 100 million tonnes in 2008 according to average scrap consumption per tonne steel of 227 kilograms in 2000, but actual consumption only recorded 72 million tonnes, implying an undersupply of 30 million

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