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Apr.17.2024 1USD=7.1028RMB
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SteelHome Express: Scrap Price Keeps Stable as Mills Unwilling to Raise the Offer

https://en.steelhome.com [SteelHome] 2019-03-14 10:07:58

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Scrap market in Hebei province is mainly steady-moving today.

In Tangshan, 6-10mm scrap price remains at 2670 yuan per ton.

The demand for finished steel products is gradually increasing, while transactions are in lackluster.

Mills, as we know, are unwilling to raise the offer as they have enough scrap arrivals. The market is covered by wait-and-sit atmosphere.

Link: Market price of Hebei scrap on Mar 14,19


(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733)
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