06
Jan
13:46
Chinese scrap increases on tight supply
204 Views
China's scrap prices have increased as mill profits picked up, but shipments were curtailed as the market halted during consecutive holidays.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3.043/tonne ($443/t), including VAT. This is stable from Thursday and up CNY 19/t compared with the previous Friday.
Data from information provider Fubao show that 49 independent E…
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.
Kallanish Asia
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