- China’s Shagang Jiangsu Steel raised scrap procurement prices for the third time this month, sources informed.
- The company raised prices by RMB 50/t ($8/t) for all grades, effective 29 Mar’22.
- After the revision, prices of HMS (6-10mm) are at RMB 3,920/t ($615/t) delivered to headquarters, including 13% VAT.
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