Tag: Shagang steel scrap purchase prices
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China: Shagang Steel hikes scrap purchase price on limited supply
Shagang Group has announced a price hike by RMB 80/t ($12) for all grades This is the first price adjustment in 2021 and is aimed at attracting more deliveries Baowu Steel Group has launched a steel scrap processing plant It is expected that the scrap price may continue to be strong with fluctuations in the short term considering Chinese…