Tag: China domestic scrap prices
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China: Shagang Steel Raises Scrap Purchase Price by USD 9
As per updates received from sources, eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced the price hike for all grades of domestic steel scrap procurement by RMB 60/MT (USD 9) effective from 19th July’19. It was expected that Chinese domestic scrap prices might increase following supply…