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Chiho-Tiande rides China scrap wave, takes over Germany's Scholz

Deal will expand China recycler's procurement channels in Europe and provide technical expertise

China's steel scrap supply will be so big in 10 to 20 years that it may have to export the surplus with a profound impact on the global steel industry, metallics and bulk raw materials mining.


CHINA is on the cusp of a scrap wave that will return metal from ageing cars and expired fridges to the supply chain in a growing threat to mining companies, according to Chiho-Tiande Group Ltd, a top recycler, which is taking over one of the biggest and oldest names in Europe's...

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