China's Shagang Jiangsu Steel continued to lift scrap procurement prices.
The company raised prices further by RMB 50/t ($8/t) for all grades effective 7 April as against the last hike on 1 April.
After the revision, prices of HMS (6-10mm) are at RMB 4,020/t ($631/t) delivered to headquarters, including 13% VAT.
China Shagang Steel raises scrap purchase prices further
China's Shagang Jiangsu Steel continued to lift scrap procurement prices.
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