Tag: Shagang Steel price reduction
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Weekly round-up: Global ferrous scrap offers remain stable during holidays on cautious market sentiment
Turkish imported scrap prices drop amid holiday lull China’s Shagang cuts prices on rising inventories Global ferrous scrap markets witnessed largely stable prices, as well as a slight downtrend this week, with limited activity seen in key regions due to the holiday season. Prices for US-origin HMS 80:20 fell 1% in Turkiye, while India’s scrap…