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Shagang cuts scrap costs by $11-14/ t for 1st time in Oct .

Gangya Metal428 people have read

The most up to date scrap price cut was the initial in October, as well as starting Wednesday, Shagang is paying Yuan 3,010-3,070/ t for domestically-sourced HMS quality scrap consisting of the shipment as well as its steelworks and also the 13% VAT, Mysteel Global kept in mind. Shagang's scrap cost cut has actually instantly brought about the softening of scrap rates in Zhangjiagang,

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Shagang Group (Shagang), the country's leading electric-arc-furnace (EAF) steelmaker headquartered in Zhangjiagang, East China's Jiangsu province, has trimmed its stsend a emaileel scrap procurement p...

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