In December, 2020, State Administration for Market Regulation approved and issued <Recycled Steel Resources>. It will carry out in 2021.
The introduction of this standard, it can not only promote the import of high-quality recycled iron and steel raw materials , improve our country's iron resource guarantee capacity, and alleviate the excessive dependence on iron ore in the iron and steel industry, but also improve the quality recycled iron and steel materials to meet the needs of high quality development of my country's iron and steel industry.