21
Apr
15:58
Chinese scrap prices fall further
China's scrap market prices have fallen rapidly due to maintenance at steel mills and operating losses at electric arc furnace plants, which has led to a decline in the consumption of scrap.
On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 2,972/tonne ($431/t), including VAT. This is down CNY 41/t from Thursday and CNY 45/t lower from the previous Friday.
Data fro…
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.
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