04
Jun
13:34
Chinese scrap rebounds but imports silent
Chinese scrap prices rebounded last week following the sharp drop in supply, but scrap demand also declined slightly. The scrap import market remains quiet due to the gap in buyers and sellers’ target prices.
On Friday, Kallanish assessed Chinese 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,621/tonne ($565/t) including VAT. This is up by CNY 13/t from Thursday and CNY 154/t higher compared w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous