Tag: Shagang steel scrap purchase prices

Eastern China’s largest EAF mill – Shagang steel hiked scrap purchase price for all grades today by RMB 150/t ($23). As per company’s new revision, scrap price for HMS (6-10 mm) stands at RMB 3,250/t ($501), inclusive of 13% VAT, delivered to headquarters. While price of other grades including HMS (10-20 mm) thickness stands at RMB 3,280/t ($505) and HMS (not less than or…