China Shagang Steel has increased its scrap prices by $12 for all grades this week, effective today.
Post revision HMS (6-10 mm) prices are around $390 excluding VAT.
Following the positive trend in Chinese finished steel prices, the company increased its offers to procure more scrap.
China Shagang Steel raises scrap prices
China Shagang Steel has increased its scrap prices by $12 for all grades this week, effective today.
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