Tag: china scrap price

After observing a sharp hike in prices last week, eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has now announced a price cut for all grades of domestic steel scrap procurement, by a considerable RMB 30-40/MT (USD 4-6) effective from today 11th November’19. As per updates, Shagang Steel…