Tag: Shagang Scrap Price
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China’s Shagang Steel hikes scrap purchase price by RMB 50 ($7)
Eastern China’s largest ferrous scrap producer and EAF steelmaker- Jiangsu Shagang Group has announced a price hike for all the grades of domestic scrap procurement by RMB 50/t ($ 7) which can be effective from today, 13th July’20. The company has increased its domestic scrap prices after around two weeks. Notably, the purchase prices have…