19
Mar
14:55
China's scrap prices stabilise on demand concerns
China's scrap prices have been fairly steady compared with last week as supply and demand fundamentals were basically stable. Production restrictions in Hebei have led to sluggish market sentiment however and stemmed the previous round of increases.
On Friday, Kallanish assessed Chinese heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,350/tonne ($514.6/t) including VAT, down CNY 1/t compared with the previo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous