China's Shagang Steel announced that it has increased its scrap purchase prices by RMB 150/ton ($22/t) starting today due to the increasing demand for steel.
After the revision, HMS (6-10 mm) prices stand at RMB 3,220/ton ($474/t) delivered to the center including 13% VAT. Prices are valid from 16 August 22.
China Shagang Steel raises scrap purchase prices
China Shagang Steel has announced its scrap purchasing prices.
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