Tag: Shagang Steel Rebar Prices

China: Shagang Steel’s Scrap Purchase Prices Climb 8 Month High

Aug 22, 2018

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by

Kedar

in Melting Scrap

Following hike in long steel prices for late August shipments by RMB 100-150/MT, Shagang has raised its scrap purchase prices by RMB 100/MT amid increased scrap usage on environmental regulations. One of the largest ferrous scrap consumers in east China – Shagang Jiangsu Steel group has raised its domestic scrap purchase prices by Chinese Yuan…