China's recycling of demolition scrap jumps

The volume of ferrous scrap recycled from construction and building demolition sites throughout China continued rising strongly during the past month, with building contractors and scrap processors both actively ramping up operations, Mysteel's latest survey results showed.

In the week of April 11-17, the total volume of demolition steel scrap recycled by the 195 Chinese scrap recycling companies under Mysteel's tracking had increased to 36,692 tonnes, up 5.2% on week and making for eighth straight week-on-week rise. The volume was also significantly higher by 51% compared