Tag: WEEKLY: China’s ferrous scrap prices seen staying rangebound

Mysteel Global: After experiencing steep rises earlier this month, Chinese ferrous scrap prices have started to retreat as the optimism previously observed in the market has tempered, Mysteel’s data showed. Nevertheless, the prices are still supported by firm scrap demand from steelmakers, respondents to Mysteel’s latest survey said. On October 10, Mysteel’s assessment of the…