Chinese scrap exports hit a new high for Sep

According to China Customs statistics showed that Chinese scarp exports were 508,100 tons in September, increased by 24% compared with previous month, hit a new. 

In October, the domestic market prices of scrap steel continued to rise, and the minimum export price of scrap has been increased, as well as the increase in tariffs would limit the export of scrap steel. 

At the same time, the buyers remained cautious attitude and didn’t hurry to purchase any scrap steel. 

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