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Apr.20.2019 1USD=6.7043RMB
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SteelHome Express: Scrap Price in Hebei Softens on the Collapse of Billet Market

http://en.steelhome.cn [SteelHome] 2019-03-21 11:49:39

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Scrap price softens today in Hebei province. Then 6-10mm scrap in Tangshan city falls by 20 yuan to 2670 yuan per ton.

The collapse in billet market yesterday badly hit the scrap market where suppliers accelerated the delivering, which ends up with increasing arrivals of scrap to steelmakers.

Link: Market price of Hebei scrap on Mar 21,19


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