Tag: Chinese Ferrous Scrap

  • China’s Steel Scrap Prices Stable Before CNY

    China’s Steel Scrap Prices Stable Before CNY

    China’s domestic steel scrap market remained generally stable over the week of January 13-17, with Mysteel’s steel scrap price index assessed at Yuan 2,584.1/t ($369.2/t) on delivery to steel plants and including the 13% VAT, nudging higher by a tiny Yuan 0.4/t, according to Mysteel’s database. The scarcity of market transactions with the approach of…