The global steel trade is staring at transformation. On one hand Chinese scrap is threatening to alter the global scrap trade dynamics on the other we have countries like Pakistan, Bangladesh, Vietnam & Indonesia which are riding the consumption wave. South East Asia has embarked on unprecedented infrastructural growth. While the new Indian metal recycling policy is gearing up to alter the scrap import dynamics and steelmakers a looking out for most cost effective way of producing steel with definite value add.