W.Schmiedel / BIR: Spike in coking coal prices to increase scrap usage

Speaking at the BIR World Mirror on Ferrous Metals event organized by the Bureau of International Recycling (BIR), BIR president William Schmiedel, also president of US-based scrap recycling company Sims Group Global Trade Corporation, has stated that in August this year Chinese exports of finished and semi-finished steel decreased from June’s level of 10.9 million mt to 9.1 million mt. While this is a good sign, the latter total of 9.1 million... Read More