13
Aug
10:12
Chinese scrap declines, imports quiet
China's scrap prices have fallen even though scrap supply has declined slightly and demand has remained flat.
On Friday, Kallanish assessed Chinese 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,744/tonne ($578/t) including VAT. This is unchanged since Thursday but CNY 6/t lower compared with the previous Friday.
Data from information provider Fubao shows that 49 independent electric …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous