02
Feb
15:02
Chinese scrap prices fall in quiet market
Chinese scrap prices showed a continuous decline last week. The market has entered the holidays and rain and snow have affected transportation, China's scrap demand therefore has been suppressed.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 2,908/tonne ($404/t), including VAT. This is down CNY 2/t from Thursday and CNY 6/t from a week before.
Data from information provider F…
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Anonymous
Very good overview of the weekly steel market.
Anonymous