Tag: Shagang steel scrap purchase prices

Shagang Steel in China has registered total price drop of RMB 120/MT for scrap purchase since 28th December The largest ferrous scrap consumer in China, Shagang Jiangsu Steel group has cut its scrap buying prices by Chinese Yuan 30/MT (USD 5) yesterday (i.e. 09th Jan). As per latest price update, Shagang is now paying RMB…