Tag: China Scrap purchase prices

China’s steel scrap market strengthened slightly over the past month, with Mysteel’s scrap price index edging up by Yuan 20.9/tonne ($3/t) on  month to Yuan 2602.6/t on delivery and including the 13% VAT as of December 4, Mysteel’s data show. However, the substantial slump in domestic steel prices since the end of November, a consequence…