The rate of growth of demand for scrap in China could slow this year, J Capital Research Managing Partner Tim Murray, said Wednesday during an Informa conference in Perth. J Capital Research estimated consumption of scrap rose 8% last year to 160 million mt. China’s iron ore imports falling 1% last year showed that scrap was not displacing iron ore, according to J Capital Research. “Production cost of using scrap is Yuan 400-500/mt higher than hot metal, and electricity cost is also higher. On the background of narrower steel margins at present steel mills would unlikely to increase the usage of scrap,” Murray said.
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机译:中国资本研究伙伴蒂姆·默里的中国资本研究伙伴Juince Research and Partner and Capity Research ander Compensed伙伴,在珀斯的信息会议上周三表示。 j Capital Research估计废料消费量去年增长了8%至1.6亿吨。 根据J Capital Research,中国的铁矿石进口量下降1%,表明废料不是铁矿石。 “使用废料的生产成本比热金属高400-500 /吨,电力成本也更高。 在目前钢铁厂的较窄钢材边距背景下,不太可能增加废料的使用情况,“默里说。
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