Tag: China rebar offers
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Chinese Ferrous Scrap Prices Likely to Remain Strong Amid Restocking
China’s scrap prices are on upward track – According to reports, On September 19, among the 245 key steel mills in China, 30 steelmakers have increased their purchase price of steel scrap by RMB 20-70/MT (USD 3-10) however, 3 of them reduced the price marginally. Those steel mills that increased prices are mainly located in…