Tag: Shagang steel scrap purchase prices

Eastern China’s EAF steelmaker – Shagang Group has hiked scrap purchase prices for all grades. The price for HMS (6-10 mm) now stands at RMB 3,490/t ($532), inclusive of 13% VAT, delivered to headquarters works at Zhangjiagang North of Shanghai in China. Prices for other grades like HMS (10-20 mm) thickness is now at RMB…