Tag: china shagang scrap prices

China’s Shagang Jiangsu Steel is planning to hike scrap procurement prices from 23 March, as per reliable sources. The steel producer can raise prices by RMB 100/t ($16/t) for all grades. Its last revision price of HMS (6-10mm) stands at RMB 3,770/t ($593/t) delivered to headquarters, including 13% VAT. The company decided to hike prices…