Getting scrappy: China iron ore demand may falter as steel recycling grows
Manolo Serapio Jr and Muyu Xu
Published 4:18 AM ET Wed, 5 July 2017Reuters
MANILA/BEIJING, July 5 (Reuters) - China's supply of steel scrap is surging as aged buildings, bridges and cars produced over decades of rapid economic growth are knocked down, dismantled or crushed.
That should push Chinese steelmakers to use more of the material in coming years, potentially...
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