Author: Kedar
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China: Shagang Steel Lifts Scrap Purchase Price USD 7
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced price hike for all grades of domestic steel scrap procurement by RMB 50/MT (USD 7) effective from yesterday 21st Aug’19. Notably, after witnessing successive 4 price cuts by a total RMB 160 in the first two weeks of…