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24 Mar

China to revise steel scrap standards

China is expected to revise scrap standards this year to boost scrap usage and suppress iron ore prices, Kallanish notes. The China Iron & Steel Industry Association (CISA) will encourage electric arc furnace steelmaking and promote the development and utilisation of scrap steel resources this year. So said Luo Tiejun, vice president of CISA, at a meeting held by the China Special Steel Enterprises Association last week. This will be achieved primar…
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