China adds South Korea, Singapore to growing pool of scrap suppliers, prices rise

摘要

China has further diversified the list of countries supplying heavy scrap (HS) imports, with recent deals from both South Korea and Singapore, market participants told Fastmarkets on Wednesday February 10. The deals only represent trial transactions at this stage, sources said, with suppliers still getting acclimatized to China’s inspection systems following the first imported cargo passing customs on January 29.