Tag: Shagang steel scrap purchase prices

Eastern China’s largest EAF steelmaker- Shagang Steel – has announced its second price cut in a span of just two days for all the grades of domestic steel scrap procurement by RMB 30/t ($4), effective from today, 16th Sep’20. The purchase price of HMS (6-10 mm) thickness has declined to RMB 2,740/t ($405), inclusive of…