Tag: China ferrous scrap price

China’s domestic steel scrap market weakened over the week of November 11-15, with Mysteel’s steel scrap price index decreasing by Yuan 20.4/tonne ($2.9/t) on week to Yuan 2,582.2/t on delivery to steel plants and including the 13% VAT as of November 15. Prices have softened because scrap traders and collectors have hiked their delivery volumes…