Tag: Shagang steel scrap purchase prices

The leading steel enterprises in Jiangsu Province have decreases scrap purchase price by RMB 50/t ($8) for all grades today. Price indication for HMS (6-10 mm) stands at RMB 4,140 ($643), inclusive of 13% VAT, delivered to headquarters. After continuous increment in prices, now company has reduced its buying prices due to drop in finished…