Tag: Shagang Scrap Price
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China: Shagang Steel Cuts Scrap Purchase Price by RMB 130 (USD 18)
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker- Shagang Jiangsu Steel group has continued to lower its domestic price for scrap procurement, cutting price by further RMB 130/MT (USD 18) today. This is the third consecutive week in a row since last week of Mar’20, that the scrap purchase price has continued to…