Tag: china shagang scrap prices

China’s largest electric arc furnace (EAF) steelmaker, Jiangsu Shagang Group, raised its scrap buy prices again on 15 November 2022, and from 8 November with three consecutive revisions price raised by $42/t. The steelmaker has lifted prices by RMB 100/t ($14/t) for all grades against the last revision on 11 November. After the latest revision,…