01
Nov
10:41
Cheaper scrap to galvanise buying, China steel production 'unsustainable': BIR
Lower scrap prices should encourage steelmakers to return to buying scrap as feedstock over semi-finished product, according to the Bureau of International Recycling (BIR)’s Ferrous Division. Billet exports from China at ever-decreasing prices are seen to have been the cause of the collapse in scrap prices.
“The good news is that the lower prices we are experiencing today should enable our customer base to again start to look at ferrous scrap as a re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous