STEEL SURVIVAL STRATEGIES: Raw materials market future 'hangs on China'

What China intends to do with its burgeoning reserves of ferrous scrap material is the unknown factor that will determine the future of the iron ore and scrap markets, a top executive with US steelmaker Nucor has said.

“Will Chinese economic and environmental policies promote the domestic consumption of scrap? Or conversely, will that scrap be made available to the global market? That trend, more than any other...

Published

Mei Ling Toh

June 29, 2017

19:28 GMT