25
Nov
11:28
China's scrap price decline narrows
178 Views
The Chinese scrap market has gradually stabilized from the decline early last week and recorded a price increase last Friday. However, Covid controls will have a negative impact on scrap transportation.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 2,829/tonne ($394/t), including VAT. This is CNY 4/t higher from Thursday but down CNY 23/t compared with the prev…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Maryam Wang
Shanghai
More free articles from our archive
Related articles
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