Tag: Shagang steel scrap purchase prices

China’s Shagang Steel scrap purchase price close to 9 – months high on tight availability

Aug 18, 2020

—

by

Admin Operation

in Melting Scrap

Eastern China’s largest ferrous scrap consumer and EAF steelmaker- Shagang group – has announced a price hike for all grades for domestic steel scrap procurement by RMB 20/t ($3), effective from today, 18th Aug ’20. The purchase price of HMS (6-10 mm) thickness has moved up to RMB 2,720/t ($392), inclusive of 13% VAT delivering to…