Tag: China Scrap purchase prices
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China: Shagang Steel Cuts Scrap Purchase Price Again by 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, 9th Dec’19. After the said price cut, Shagang Steel will now pay RMB 2,700/MT (USD 384) inclusive of 13%…