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China’s H1 steel scrap consumption up 15.3% on year
Release time：Aug 13, 2019 From：admin
China’s steel scrap consumption reached 101 million tonnes in H1 of 2019, up 13.4 million tonnes or 15.3% on year, with the growth higher than the 9.9% in steel production, according to the latest statistics from the scrap association, as domestic steelmakers consumed more scrap amid the soaring iron ore price especially since early February.
China’s blast-furnace (BF) steel mills, unsurprisingly, remained the core scrap users with the scrap consumption in converters averaging 206 kg/tonne steelmaking, up 6.9 kg/t or 3.5% on year, according to the latest statistics from the China Association of Metalscrap Utilization (CAMU). For the country’s total steel output including the electric-arc-furnace
Source： Mysteel
http://www.metaljunction.com/news/newsdetail/China-s-H1-steel-scrap-consumption-up-15-3-on-year_1
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