Tag: Shagang Steel Rebar Prices
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China: Shagang Steel Hikes Scrap Purchase Price
Domestic scrap purchase prices in China have moved up by RMB 80-130/MT (USD 12-19) amid improving demand for finish steel in the country and increasing export prices from steelmakers. Shagang has revised prices after two month’s time. One of the largest ferrous scrap consumers in east China, Shagang Jiangsu Steel group has raised its domestic…