Tag: china scrap price
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China: Shagang Steel Cuts Scrap Purchase Price Further USD 4
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced another price cut for all grades of domestic steel scrap procurement by RMB 30/MT (USD 4) effective from today 8th Aug’19. Notably, this is the second successive price lowering announced this week. As per updates, Shagang steel is…