08
Nov
04:53
Shagang develops domestic scrap sourcing network
Jiangsu Shagang Group, China's largest consumer of ferrous scrap, plans to develop a nationwide scrap sourcing and processing network, it says. Shagang has also recently signed a 400,000 tonnes scrap supply deal with Jiangsu Cheng’an Fund, with whom it expects further collaboration, Kallanish notes.
Shagang Group deputy general manager Wang Ke says that it aims to expand its scrap sourcing from just scrap brokers to direct purchasing from scrap recycle…
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Anonymous
Very good overview of the weekly steel market.
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