Author: Kedar

China: Shagang Steel’s 3rd Price Cut for Domestic Scrap in a Week’s Time

Aug 10, 2019

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by

Kedar

in Melting Scrap

Shagang steel cuts scrap purchase price further RMB 50/MT today, witnessing a total price lowering by RMB 110/MT (USD 16) over a week’s period 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 50/MT…