Tag: Shagang steel scrap purchase prices

China’s Shagang Steel to Hike Scrap Purchase Price – Sources

Apr 11, 2019

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by

Nishtha Mukherjee

in Melting Scrap

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker – Shagang Jiangsu Steel group is to raise steel scrap purchase prices for all grades by RMB 80/MT (USD 12) effective from tomorrow (12th Apr’19), SteelMint learned from its sources. As per updates, Shagang Steel is paying RMB 2,620/MT (USD 390) inclusive of 13% VAT…