China driving world ferrous scrap market: BIR

摘要

Despite buying a little more than 500,000 mt of overseas scrap in the first three months of this year, China is dominating the steel scrap market, according to the latest Bureau of International Recycling World Mirror on ferrous metals. China imported 545,000 mt of scrap in the January-March period, with its overall scrap usage in steelmaking falling over 9% to 21 million mt.