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25 Mar
12:26

Chinese scrap price increases, imports jump

Chinese scrap prices surged last week amid logistical difficulties. At the same time, the environmental inspection team visited Jiangsu Province, resulting in a drop in the operation of some scrap processing sites. On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 3,776/tonne ($594/t), including VAT. This is up CNY 4/t from Thursday and up CNY 70/t compared with th…
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