Tag: Shagang steel scrap price
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China: Shagang Steel Raises Scrap Purchase Price by USD 14
Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has announced a price hike for all grades of domestic steel scrap procurement by a significant margin, increasing its purchase price by RMB 100/MT (USD 14) effective from today 9th October’19. As per updates, Shagang Steel is paying RMB 2,790/MT…