Author: Akshay
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China: Shagang Steel Makes 2nd Price Cut for Scrap Purchase
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced another price cut for all grades of domestic steel scrap procurement, by RMB 30/MT (USD 4) effective from today, 13th November’19. This comes as the 2nd price cut in 3 days, just days after a sharp price hike…