Tag: Shagang Scrap Price
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China: Shagang Steel Announces 3rd Price Cut for Scrap Purchase in a Week
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker- Shagang Jiangsu Steel group has further lowered its domestic price for scrap procurement. This is the fourth successive price cut made by the company in March’20 and third in a span of seven days. The company has lowered its purchase price by RMB 50/MT (USD…