Tag: Shagang steel scrap purchase prices

Eastern China’s largest EAF steelmaker- Shagang has increased scrap purchase price for all grades by RMB 80/t ($12). The purchase price of HMS (6-10 mm) thickness has risen to RMB 3,020/t ($461), inclusive of 13% VAT delivering to headquarters works at Zhangjiagang North of Shanghai in China, effective from today (21st Dec’20). While the price…