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China's ferrous scrap imports up 32.2% MoM in August

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Last month, steel scrap imports from Japan, China's biggest supplier of ferrous scrap, enhanced by a similarly hefty 35% from July to 55,558 tonnes, with Japanese scrap audit for around 83% of the complete import volume, the data show. The tonnage which cleared China Traditions in August was mostly satisfying orders


China's ferrous scrap imports increased for the second straight month in August, jumping by 32.2% on month to around 66,950 tonnes, according to the country's General Administration of Customs (GACC), refreshing the highest monthly total since the

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