China: Scrap Stocks Carried by Steel Mills will Rise Slightly in the near Future when the Scrap Supply Grows

Capt. John

The average daily steel scrap arrival across 110 steel mills surveyed by SMM stood at 176,500 mt in February, up 54.8% from January when the figure was 114,000 mt. As of February 28, the steel scrap inventory carried by the mainstream steel mills was 2.08 million mt, up 10% MoM. In February, the...

https://www.hellenicshippingnews.com/china-scrap-stocks-carried-by-steel-mills-will-rise-slightly-in-the-near-future-when-the-scrap-supply-grows/

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