China March scrap steel imports off 10.5% on month

China's imports of scrap steel in March declined 10.5% or 20,000 tonnes on month to 170,000 tonnes, according to the latest data from China's General Administration of Customs released on April 25. The total was down 19.3% or by 40,000 tonnes on year.

China’s imports of scrap steel in March declined 10.5% or 20,000 tonnes on month to 170,000 tonnes, according to the latest data from China’s General Administration of Customs released on April 25. The total was down 19.3% or by 40,000 tonnes on year.The month-on-month decline is mainly because domestic