Author: Deepika Singh

China’s largest EAF steelmaker, the Jiangsu Shagang Group, announced a sharp rise in its scrap purchase prices on 28 Sept’21, after opting for a price cut two weeks earlier. The steel producer has raised its scrap procurement prices by RMB 50/tonne (t) ($8/t) for all grades, with immediate effect from 28 Sept’21, sources confirmed. After…