Tag: Shagang Scrap Price

China’s domestic steel scrap prices stayed high over the week of August 29-September 4, increasing by another Yuan 12.3/tonne ($1.8/t) on week to reach Yuan 2,606.8/t on delivery and including the 13% VAT and refreshing its nine-month high. Respondents to Mysteel’s latest survey attributed the firm market to mills’ steady consumption and the rather low…