Home | Press | Events | Eshare
According to National Entrepreneurs of Colombia (ANDI), Colombia's scrap exports surged substantially by about 200% in last few months; most of them were sent to their new home in China.This situation makes the industry worries it could lead a boom of the domestic steel prices, because there will be no scrap left for local industry to produce steel.ANDI said the scrap was exported by lower prices and then be imported again after it is transformed to steel product with higher values, causing damage for the domestic industry. It is reported that Colombia government is working with ANDI for some measures to deal with this situation