Stainless Steel Weekly Price
Shagang adds $8/t onto scrap buying, 2nd time in Apr
Source: | Author:pmoba547c | Published time: 2022-04-08 | 721 Views | Share:

Shagang adds $8/t onto scrap buying, 2nd time in Apr Shagang Group (Shagang), China's leading electric-arc-furnace (EAF) steelmaker, has decided to raise its steel scrap procurement price again on April 7, or the second time so far in April by another Yuan 50/tonne ($8/t), so as to stop scrap deliveries from ever declining, market sources shared Thursday.