Friday, August 13, 2010

Market for scrap metal broken: Effects

RTE Stuttgart - According to the American Association for scrap metal and scrap the Institute of Scrap Recycling Industries' do not meet Chinese buyers purchase contracts with a value of 1 billion U.S. dollars.

In hindsight, would Chinese steel producers and foundries and dealers, some of which are owned by the State to refuse acceptance of deliveries, demand lower prices or terminate contracts.

China is the second-largest market for scrap metal and scrap for U.S. dealers from Turkey.