Tag: Shagang steel scrap purchase prices

Eastern China’s largest EAF steelmaker- Shagang Steel has raised scrap purchase price today by RMB 100/t ($15) for all grades. The price for HMS (6-10 mm) now stands at RMB 3,390/t ($523), inclusive of 13% VAT, delivered to headquarters. Prices for other grades such as HMS (10-20 mm) thickness stands at RMB 3,420/t ($528) and…