Scrap supply becomes increasingly important for China25 May 2023 – China needs more steel scrap. The necessary standards are now to be adapted for this. This is of immense importance for many manufacturers. EAF capacity in China is to be expanded to 400 million tons of steel and stainless steel per year. Aluminum imports to China rise significantly. Commodities bull Goldman says ‘we were wrong’ but sticks to its assessment, because largest commodity destocking process in history should soon be over. Source