Japan’s exports of scrap steel reached an 11-year high of 9.39 million tons in 2020, driven by increased demand from Bangladesh, Vietnam and Taiwan, according to Japan’s Ministry of Finance.
A few days ago, Anglo-American Resources Group (Anglo American) released the fourth quarter of 2020 production report showed that the fourth quarter of last year, total iron ore production increased by 10% from a month earlier.
Global nickel production is about 5 billion pounds a year, divided equally between grade 1 high-purity nickel from sulphide deposits and grade 2 nickel from laterite deposits.