03
Jan
14:18
Baowu kicks off Chinese scrap import trade
With the official restart of China's scrap imports in 2021, Chinese state-owned Baowu Group completed the signing of its first import order on 1 January, Kallanish notes.
Ouyeel Blockchain Finance and Metal Recycling Resources Company, a subsidiary of Baowu Group mainly responsible for scrap trading and processing, signed a heavy scrap import trade contract with Japan's Mitsui & Co. This news has also been confirmed by other traders…
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Anonymous
Very good overview of the weekly steel market.
Anonymous