Tag: China steel scrap prices

Mysteel’s steel scrap price index increased by Yuan 68.4/tonne ($10/t) on week to reach Yuan 2,679/t on delivery and including the 13% VAT as of November 6 – a 7.5-year high since April 28, 2013. The robust demand from steelmakers and the strengthening steel prices were what bolstered the price, Mysteel Global noted. “Domestic steel…