US, China are ‘scrap hubs’ to watch in 2013: Stein

Jan 16, 2013 | 10:35 AM | Fleur Ritzema

Tags  China scrap, U.S. scrap, Alter Trading, Robert Stein, Fleur Ritzema

LONDON — The United States and China will continue to be the driving forces of the global scrap industry, according to one scrap industry executive.

Automobile demand and the housing sector will continue to dominate as scrap’s drivers, Robert Stein, senior vice president of nonferrous marketing at St. Louis-based Alter Trading Corp., told AMM sister publication Metal Bulletin in an interview.

China’s domestic industries are expected to continue to grow this year.

"China clearly has vast infrastructural demand," Stein said.....

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