Tag: China EAF steelmakers

The steelmaker has revised scrap price after a gap of two months amid limited domestic finished steel demand. Eastern China’s largest ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has lowered steel scrap purchase price by RMB 30/MT (USD 4.47) effective from today. After witnessing a price hike by RMB 80/MT on…