Tag: China steel scrap prices

Over 60 steel mills across China including both blast furnace and electric-arc-furnace (EAF) producers have pared their steel scrap procurement prices by Yuan 20-200/tonne ($3-30.6/t) over the past week on hopes of loosening supplies, according to Mysteel’s tracking, and the cuts are also their response to the curbs on steel operations in Tangshan of North…