GACC: China's Jan-Sept scrap imports leap 27% YoY

China's imports of ferrous scrap during January-September this year totalled 256,707 tonnes, higher by a sizeable 27.3% compared with the same period last year, according to the latest statistics from the country's General Administration of Customs (GACC).

During September alone, China's ferrous scrap imports were still up by 2.8% on year at 28,306 tonnes, despite the high basis for comparison in September last year. Compared with August, last month's import volume was higher by a large 17.1%, the GACC data showed. The large increase in China's scrap import volume this