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Chinese scrap prices have gradually recovered after falling last week. The recovery of Chinese steel markets has temporarily supported scrap prices to stop falling. On Friday, Kallanish assessed 6mm+ heavy scrap delivered to mills in eastern China's Yangtze River Delta at CNY 2,664/tonne ($394/t), including VAT. This is up CNY 23/t from Thursday and CNY 1/t higher compared with the previous Friday. Data from information provider …
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