China ruffles regional sentiments as scrap standards launch draws nearer

Capt. John

Sentiments in the seaborne scrap market were widely mixed amid China’s release of a notice on its much-awaited ferrous scrap standards in the week of Dec. 20, bringing the country a step closer to the reallowance of ferrous scrap imports. Ferrous scrap will be dubbed “Recycling Iron-Steel Materials” and categorized into seven groups comprised of: …

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