10
Jun
15:30
Chinese scrap prices approach import parity
Chinese scrap prices continued to recover last week, but EAF mills are still struggling with operating losses. Weak overseas scrap prices have created opportunities for China to import. Chinese steel mills are looking at import deals, though no deal has yet been confirmed.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,796/tonne ($565/t), including VAT. This is CNY…
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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