India: 300 series stainless steel scrap imports see over 25% drop in Nov, y-o-y
In the month of November 2023, India experienced a significant downturn in the import of 300 series stainless steel scrap, registering a noteworthy decline to 77,915 tonnes (t). This marked a substantial 28% decrease in comparison to the corresponding period in the previous year when imports stood a
Jan 11, 2024 10:00
China stainless mills’ scrap consumption to stay high
Stainless scrap consumption is expected to stay high this month as Chinese stainless producers can gain more profits by adding more stainless scrap to their melts and so lower their consumption of nickel pig iron (NPI), Mysteel Global learned.
Aug 12, 2021 16:00
China's stainless mills use more scrap to boost profits
Chinese stainless steel producers are preferring to use more stainless scrap in their production these days to reduce their consumption of nickel pig iron (NPI) where prices have been hovering at a high level, Mysteel Global learned.
Oct 29, 2020 17:00
No blow to China users from new tariffs on steel scrap
China’s possible imposition of 25% tariffs on steel scraps from the United States since August 23 will not likely to have obvious influence on Chinese steel producers, though some may lose part of their price negotiating power with domestic steel scraps suppliers, market sources shared on Tuesday.
Aug 15, 2018 12:30
China's Tsingshan to build an 800,000 t/y steel scrap yard
China's top stainless producer -Tsingshan Group, is planning to construct an 800,000 tonnes/year steel scrap yard in Fu'An city, Fujian province of South China, to supply feedstocks for its electric arc furnaces, a company official confirmed on June 27.
Jun 28, 2018 14:30
China to resume import checks on US scrap cargoes
China's one-month suspension of checks on scrap shipments from the United States - including those of ferrous scrap - will end soon, with the checks resuming as planned from June 4, an official from China's General Administration of Customs (GAC) confirmed on Friday. But the lifting of the block on
Jun 01, 2018 18:17
Stainless scrap prices: China's major cities