Tag: china shagang scrap prices

China’s Jiangsu Shagang Group has announced a hike in scrap procurement prices for the first time in Mar’22, after a gap of two months. The steel producer has raised prices by RMB 80/t ($13/t) for all grades, effective from 7 March. After the revision, prices of HMS (6-10mm) stand at RMB 3,770/t ($596/t) delivered to…