Metal Industry
Shagang cuts another $7.5/t off steel scrap buying prices
Source: | Author:pmoba547c | Published time: 2022-06-20 | 657 Views | 🔊 Click to read aloud ❚❚ | Share:

Only three days after the previous cut on its steel scrap procurement prices, Shagang Group (Shagang), China's leading electric-arc-furnace (EAF) steelmaker, has trimmed another Yuan 50/tonne ($7.5/t) off the HMS grades scrap prices for deliveries starting June 17.