Tag: China ferrous scrap price

China’s domestic steel scrap market lost a little ground last week, with Mysteel’s steel scrap price index edging down by Yuan 8.5/tonne ($1.2/t) on week to Yuan 2,604.5/t on delivery to steel plants and including the 13% VAT as of November 29. “The retreat in finished steel prices has cooled steel sentiment, and that led…