Statistical anomaly explains China's soaring scrap usage

As the world's largest steel producer, China is never too far from the thoughts of the steel scrap recycling industry. In a press release dated March 6 2018, BIR pointed to last year's 64.2% leap in the Chinese steel industry's scrap use to 147.9 million tonnes, prompting a dramatic increase in the proportion of steel scrap used in the country's steel production to 17.8%.