In January 2021, China reopened its ferrous scrap import market, driving up demand for scrap from Japan and the US West Coast in particular. Coupled with growing demand for steel across Asia, this will lead to a significant shift in the mix of imports to China and across Asia's steel markets.

Join steel industry experts on March 10, 2021, to discover how China's renewed demand for scrap will impact not just steel markets, but also alternative metals markets.

We'll explore:

  1. The immediate and long-term impact of reopening on scrap prices, and MPI, HBI, and billet prices
  2. Whether China's local scrap prices are likely to align with international prices such as US domestic and Turkish import heavy melting steel scrap (HMS)
  3. How China's demand for scrap will cause other Asian nations to turn to alternative metal markets
  4. And much more, including 2021's market performance and outlook

You'll also have the opportunity to ask your questions and share your views on the Asia steel market dynamics. This webinar is free to attend.

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Copyright © 2021 Fastmarkets

Understanding China's steel scrap market dynamics

Wednesday, March 10

8am GMT | 4pm Beijing time

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Alex Kershaw
Long Steel and Ferrous Scrap, Market Analyst at Fastmarkets

Alex is an analyst focusing on the long steel and ferrous scrap markets. Prior to joining Fastmarkets, he covered the sulphuric acid market at another price reporting agency. He holds an MSc in International Relations from University College London, and a BA from the University of British Columbia in Vancouver, Canada.

Jessica Zong
China Steel Analyst at Fastmarkets

Jessica is a China steel analyst who is an expert on China steel markets after working in the price reporting industry for 14 years. She focuses on the China steel scrap and long steel markets for Fastmarkets and is based in Shanghai.

Lee Allen
Steel and Scrap, Senior Price Reporter at Fastmarkets

Lee is a senior price reporter specializing in steel and scrap markets with over four years of reporting and analysis. He focuses on the scrap markets of China, Bangladesh, Japan, and South Korea, together with the Southeast Asia steel billet markets. He previously appeared on BBC News and Sky News to provide insight into steel markets and has presented at BIR, SGX, and SEAISI conferences.

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Take a look ahead of the webinar of the six key factors affecting Asia and related markets by reading our 2021 Asia outlook.

Read now 

How will renewed Chinese demand for ferrous scrap shift the balance of Asian and global steel markets?


Zhang Zhifeng
Department Head of International Trade at Jingye Group

Zhang is a specialist in the global sourcing of ferrous scrap, hot briquetted iron (HBI), and merchant pig iron (MPI). Jingye Group is mainly engaged in iron and steel production and, in 2020, recorded a revenue of 22.4 billion yuan.

Abhijeet Mahanta
Head, Ferrous - India, Bangladesh - European Metal Recycling (EMR Group)

Abhijeet is an expert in steel scrap, with 23 years’ experience in the global scrap and steel commodities trade. He joined EMR Group in 2001 to commence their Indian operations and has been instrumental in making EMR a much respected and well-recognized brand in the Indian subcontinent. He has an in-depth knowledge of ferrous markets worldwide and over the last few years has assumed the additional responsibility of developing the Bangladesh market with EMR.