Tag: China Shagang Steel scrap purchase price

China’s Shagang Jiangsu Steel has trimmed scrap procurement prices for the fifth time in a month amid lower finished steel prices, sources informed. The company lowered prices by RMB 100/t ($15/t) for all grades, effective 23 Jun’22, as against the last revision on 21 Jun. After the revision, prices of HMS (6-10mm) are at RMB…