Tag: China Scrap purchase prices
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China: Shagang Steel Raises Scrap Purchase Price by USD 24/MT
Following successively rising global scrap prices, China’s Shagang Steel raised scrap purchase prices by RMB 150/MT and finish long steel prices by RMB 250/MT early March. One of the largest ferrous scrap consumer in China, Shagang Jiangsu Steel group has raised its scrap buying price by Chinese RMB 150/MT (USD 24) today (i.e. 06th Mar’18). As per latest price…