|From April, Maanshan Steel's scrap company accelerated the transformation and upgrading of scrap business and actively moved its scrap trade forward. In three months, scrap trade of the company totaled 0.2312 million tons which valued 457 million RMB. Among the total sales, 0.201 million tons was sold through scrap company and the rest from the sales base jointly cooperated with Nanjing Steel.
Scrap charge will be increased in the nation as China is actively introducing short-process steelmaking procedure for environment. Meanwhile, to lower iron-to-steel ratio and to add scrap charge will be more economical technical effort for steel enterprises.
It is said that Maanshan Steel has set up cooperation relationship with several large steelmakers, such as Rizhao Steel, Wuhu Xinxing Ductile Pipe etc. Meanwhile, Maanshan Steel actively seeks new premium scrap suppliers, build multi-regional scrap collection, processing, storing and sales networks.
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