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China’s scrap steel imports soar in Apr

May 20, 2021    

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After the Chinese government allowed the imports of scrap steel early this year, China imported 76,200 tonnes of scrap steel in the month of April. According to statistics from China Customs, imports soared by 67% compared to the previous month. Among them, stainless steel scrap accounted for around 4,800 tonnes, a month-on-month decrease of 65.8%, and those of other alloy scrap and cast iron scrap were around 24,900 tonnes and 6,060 tonnes, respectively. In the first four months of this year, China’s scrap steel imports amounted to 131,600 tonnes, of which stainless steel scrap occupied roughly 21,600 tonnes.


Source: https://yieh.com/en/NewsItem/126547


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