Tag: Shagang steel scrap purchase prices

China: Shagang Steel Hikes Scrap Purchase Price Further by USD 22

Aug 8, 2018

—

by

Kedar

in Melting Scrap

Following hike in long steel prices and supply tightness, Shagang has raised its scrap purchase prices by RMB 150 (USD 22) recently amid increased scrap usage on environmental regulations. One of the largest ferrous scrap consumers in east China, Shagang Jiangsu Steel group has raised its domestic scrap purchase prices by Chinese Yuan (RMB) 150/MT…