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