2012 Steel Scrap Market Annual Report

On total consumption of steel scrap in 2012, the total consumption volume in 2012 reported the first drop over the past ten years and unit consumption of steel scrap in general steelmaking continued the declining trend.Asian Metal Copyright Major mainstream steel mills reduced consumption of steel scrap to cut steelmaking cost, leading to weak states to both supply and demand on steel scrap market.Asian Metal Copyright Major mainstream steel mills reduced consumption of steel scrap to cut steelmaking cost, leading to weak states to both supply and demand on steel scrap market.Asian Metal CopyrightOn total consumption of steel scrap in 2012, the total consumption volume in 2012 reported the first drop over the past ten years and unit consumption of steel scrap in general steelmaking continued the declining trend.Asian Metal Copyright Total consumption of steel scrap for steelmaking was about 82.Asian Metal Copyright5Mt, taking up about 45% of the total consumption, while purchased social steel scrap totaled 41Mt, dropping by 19.Asian Metal Copyright5Mt, representing greatly drop from the previous year as self-produced steel scrap in steel mills amounted to be 36.Asian Metal Copyright Major mainstream steel mills reduced consumption of steel scrap to cut steelmaking cost, leading to weak states to both supply and demand on steel scrap market.Asian Metal Copyright5Mt, taking up about 45% of the total consumption, while purchased social steel scrap totaled 41Mt, dropping by 19.Asian Metal Copyright Total consumption of steel scrap for steelmaking was about 82.Asian Metal Copyright3% from the 50.Asian Metal Copyright In 2012, the unit consumption of domestic general steelmaking was 112kg, down by 21kg from the level in 2011, recording the lowest consumption over the past few years.Asian Metal Copyright8Mt in 2011 and occupying about 50% of the total consumption of steel scrap.Asian Metal Copyright In 2012, the unit consumption of domestic general steelmaking was 112kg, down by 21kg from the level in 2011, recording the lowest consumption over the past few years.Asian Metal Copyright In 2012, the unit consumption of domestic general steelmaking was 112kg, down by 21kg from the level in 2011, recording the lowest consumption over the past few years.Asian Metal Copyright3% from the 50.Asian Metal Copyright