Tag: Shagang steel scrap price

  • China: Shagang Steel Cuts Scrap Purchase Price by USD 6

    China: Shagang Steel Cuts Scrap Purchase Price by USD 6

    Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has slashed its price for procurement all grades of domestic steel scrap by RMB 40/MT (USD 6) effective from today 20th September’19. As per updates, after the price cut Shagang Steel is now paying RMB 2,690/MT (USD 380) inclusive of…