CHINA STEEL SCRAP: Former Chinese Academy of Engineering president encourages scrap use

Mr Xu Kuangdi, the former president of the Chinese Academy of Engineering, said at a symposium on Monday June 21 that using scrap in steelmaking would be an "effective and realistic" way for China to achieve carbon neutrality in the steel sector and it should be "strongly encouraged" nationwide, sources said.

The symposium was organized by the China Iron & Steel Association (Cisa) for the national iron & steel industry to celebrate the centennial of the Communist Party of China.
The latest Chinese customs data shows a jump in scrap import volume during May 2021 - China imported 111,432 tonnes of steel scrap in May, more than the 109,978 tonnes the country imported during the first four months of 2021.

Despite high import volumes in May, interest for importing fresh steel scrap into China was limited on June...

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