Tag: China steel scrap prices

China’s domestic steel scrap prices appeared resilient over January 29-February 5 as Mysteel’s national steel scrap pricing index nudged down by Yuan 6.9/tonne ($1.1/t) on week to Yuan 3,060.5/t on delivery and including the 13% VAT as of February 5, indicating little concern on the scarcity in spot transactions with the approach of the Chinese…