Tag: Shagang steel scrap price

China: Shagang Steel Observes 2nd Scrap Purchase Price Cut In a Week’s Time

Nov 29, 2019

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by

Akshay

in Melting Scrap

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced its 2nd price lowering in a week, cutting down its bids by RMB 30/MT (USD 4) for all grades of domestic steel scrap procurement, with the new prices effective from today, 29th Nov’19. As per updates, Shagang Steel…