Tag: Shagang Steel

Eastern China’s largest ferrous scrap consumer and EAF steelmaker- Shagang Steel – has announced a price hike for all grades for domestic steel scrap procurement by RMB 50/t ($7), effective from today, 4th Sep ’20. Prices are trading at over nine-month’s high. The purchase price of HMS (6-10 mm) thickness has moved up to RMB 2,800/t…