China’s scrap imports increase by 3.6% y-o-y in April

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Publish time: 30th May, 2013      Source: ChinaCCM
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According to data, China imported 559,000 tons of scraps in April, rising by 3.6% year on year and soaring by 47.2% from a month, hitting the highest level since November, 2011.

Among them, 291,000 tons were from Japan, increasing by 26.3%; 188,000 tons were from the US, down by 1.6%; 31,000 tons were from Australia, decreasing by 53.2%, all compared to those in the same period of the previous year.

In the first four months of this year, China's scrap imports amounted to 1.835 million tons, up by 0.2% year on year.

It's predicted that the country's scrap imports would reach 5.5 million tons in the whole of 2013.