China's upcoming steel scrap futures looks set to be a game changer for the international community dealing in the steelmaking raw material.
It will open up a whole new world of opportunities for both domestic and international traders, especially those who have been looking to capitalize on the massive size of China's domestic scrap market.Its State Administration for Market Regulation has just released draft guidelines for standardized specifications of scrap - something that the country is sorely lacking - to not only unify standards for both...