Prices of scrap remain broadly stable in East China on Thursday. 6-10mm
HMS stays at 2680-2730 yuan/t in Jiangsu; 2700-2750 yuan/t in Shandong;
2680-2730 yuan/t in Fujian; 2670-2720 yuan/t in Anhui.
The consumption can be satisfied by current arrival levels. In addition,
several steel mills adjust the procurement price by themselves.
Currently, traders focus on steel price trend amid mixed scrap market.
SteelHome considers that prices of scrap may keep stable in the short
run.
Link:
Market price of Jiangxi Scrap on Aug 13,20
Link:
Market price of Anhui Scrap on Aug 13,20
Link:
Market price of Shandong Scrap on Aug 13,20 |
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282) |