29
May
16:54
Chinese retaliation to 232 concerns scrap suppliers
Potential further Chinese retaliation to Section 232 tariffs is a big concern for ferrous scrap suppliers, according to Bureau of International Recycling (BIR) ferrous division president Tom Bird. Nevertheless, China is seen resuming from 4 June issuing certificates for scrap imports from the US.
Most regions are seeing good economic growth and therefore also steel and scrap demand, but the scrap industry has been challenged, according to Bird.
“Current…
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Anonymous
Very good overview of the weekly steel market.
Anonymous