CHINA STEEL SCRAP: Delong Steel books 23,000 tonnes of imports

The discharge of a flurry of import cargoes of ferrous scrap at key Chinese ports did not dampen spot prices on Thursday April 15.

Delong Steel’s first scrap vessel arrived in the Port of Tianjin during the day, leading the discharge of some 23,000 tonnes of ferrous scrap imports booked this year, according to the Tianjin Iron & Steel Association.
This is the first time that a Chinese steel mill had booked such a large volume of imported scrap since the implementation of the new import standards for the steelmaking raw material on January 1.

Apart from Delong Steel, China’s Rongcheng Steel also booked...


Tianran Zhao

April 15, 2021

10:42 GMT