Scrap Prices North America
July 5, 2017
Chinese Scrap: Forewarned is Forearmed!
Written by John Packard
John Harris is the former director of raw materials for ArcelorMittal. Currently, he is a consultant and speaker on global metallics, and he will be a speaker at this year’s SMU Steel Summit Conference at the end of August. Mr. Harris and Philip Hoffman of Hoffman Iron & Steel have been conducting a friendly debate about the future of the Chinese scrap markets. Specifically, there is broad interest in the budding ferrous scrap collection in China and what this scrap will mean for world prices.
Steel Market Update published articles on Thursday, June 29, 2017 (Ferrous Scrap: Sideways in July?) and then again in Sunday’s issue, July 2, 2017 (Article Prompts Response on Chinese Scrap).
