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China's scrap exports soared 22 times in April
publisherJudy
time2017/05/31
Affected by the impact of the furnace, domestic scrap demand continued to decline, while the supply to maintain growth, leading to scrap prices continued to decline. In this context, some traders began to seek export scrap, nearly 2 months in the Asian market, a substantial increase in the amount of resources in China.
According to customs statistics, in April 2017 China's scrap exports reached 15,400 tons, ringing 2252.6%, while last year's scrap exports only 1045 tons.