Tag: Shagang Steel Rebar Prices

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced price hike for all grades of domestic steel scrap procurement by RMB 50/MT (USD 7) effective from yesterday 21st Aug’19. Notably, after witnessing successive 4 price cuts by a total RMB 160 in the first two weeks of…