Tag: Shagang Scrap Price

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker- Shagang Jiangsu Steel group has announced another price cut for scrap procurement. The company has further lowered its purchase price by RMB 50/MT (USD 7) for all major grades of domestic scrap, effective from today, 1st April’20. This is the lowest scrap purchase price in…