Tag: china scrap price
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China: Shagang Steel Raises Scrap Purchase Price Again by USD 7
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced second price hike in just three days for all grades of domestic steel scrap procurement, increasing its purchase price by RMB 50/MT (USD 7) effective from today 22nd April’20. The company increases its purchase price for HMS (6-10…