Tag: Shagang Scrap Price

Eastern China’s Shagang group – has reduced its domestic scrap purchase price for the fourth time in Sep’20. Today the company has announced a price cut by RMB 50/t ($7) for all grades, effective from today (25th Sep’20). The purchase price of HMS (6-10 mm) thickness has declined to RMB 2,640/t ($387), inclusive of 13%…