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Dec.06.2019 1USD=7.0762RMB
  SteelHome >>Raw Material>>Market Info>>Daily Express
SteelHome Express: Henan Scrap Market Price Roughly Flat on Declined Consumptions in Some Mills

//en.steelhome.cn [SteelHome] 2019-12-02 18:04:44

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Scrap price in Henan province remains roughly flat on Monday. For 6-10 Heavy Scrap, it comes to 2640-2690 yuan/t.

Meanwhile, production curbs have an impact on operations in converters and mini-mills, bringing declined steel consumptions from some mills. Under winter stockings, however, arrivals of scrap to mills have not reduced significantly.

Therefore, SteelHome considered that prices of scrap products may remain roughly flat in the short run.

Link: Market price of Henan Scrap on Dec 2,19

(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837)
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