Tag: Shagang steel scrap purchase prices

  • China: Shagang Steel hikes scrap purchase price by USD 11

    China: Shagang Steel hikes scrap purchase price by USD 11

    Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group has again announced a price hike for all grades of domestic steel scrap procurement, driven up by finished steel prices. The hike comes just a week after a price cut was witnessed when increased scrap inventory with mills had been…