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China’s steel scrap supply set to rise in Q4, usage to increase

November 24, 2023 Comments Off

China’s steel scrap supply in the fourth quarter of 2023 is expected to be higher than the third quarter, mostly led by a gradual bump up in run rates by steel recyclers and amid government calls for renovation of “urban villages,” analysts and sources said in the week to Nov. 24. Urban villages in China typically refer to projects built…