Tag: china scrap price

  • China: Shagang Steel Hikes Scrap Procurement Price by USD 11

    China: Shagang Steel Hikes Scrap Procurement Price by USD 11

    Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced a price hike for all grades of domestic steel scrap procurement, by RMB 80/MT (USD 11) effective from today, 22nd November’19. The sharp hike, coming after observing two successive price cuts last week, is on account of slight…