28
Jan
16:38
Chinese scrap remains calm, deals stall
Chinese scrap prices were unchanged in the last week before the holiday, as market trade was lukewarm and mills stopped buying.
On Friday, Kallanish assessed Chinese 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,627/tonne ($571/t), including VAT. This is unchanged from Thursday and CNY 2/t lower compared with the previous Friday.
Data from information provider Fubao show that 49 independent E…
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Anonymous
Very good overview of the weekly steel market.
Anonymous