Tag: China domestic scrap prices
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China: Shagang Steel to Raise Scrap Purchase Price Amid Tight Availability
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group likely to announce the price hike for all grades of domestic steel scrap purchase by RMB 50/MT (USD 7) effective from tomorrow (18th June’19). Notably, this price revision for domestic scrap purchase comes after almost a gap of one month…