Tag: Chinese Scrap supply-demand
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China Steel Scrap Prices Firm on Strong Demand
China’s domestic steel scrap market remained generally steady over the week of May 15-22 in terms of both demand and price, the findings of Mysteel’s latest weekly survey show. As of May 22, Mysteel’s steel scrap pricing index had edged up RMB 7/MT (USD 1/MT) on week to refresh its two-month high of RMB 2,446.9/MT…