ޱĵ
Search: News Price
Home |  Register |  Price Index  |  Publication |  Consultancy |  Data |  Events |  Enquiry |  Language
Apr.04.2020 1USD=7.1104RMB
  SteelHome >>Raw Material>>Market Info>>Daily Express
 
SteelHome Express: East China Scrap Price Drops amid Stability as Traders with Pessimistic Outlook

//en.steelhome.cn [SteelHome] 2020-03-25 18:38:23

share to social network site

Prices of scrap fluctuates with slight drops in East China on Wednesday. The 6-10mm HMS stays at 2550-2600 yuan/t in Jiangsu; at 2530-2580 yuan/t in Shandong; down by 30 yuan/t to 2440-2490 yuan/t in Fujian.

 

In order to keep the price stable, some steelmakers have reduced production, keeping scrap consumption at a low level. With the pessimistic outlook, traders are active in selling scrap products. Therefore, SteelHome considers that prices of scarp may drop in the near term.

 

Link: Market price of Anhui Scrap on Mar 25,20

Link: Market price of Jiangsu Scrap on Mar 25,20


(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837 18725550282)
Related News
Search
News Price
Hot Topics
Latest Update
Most Viewed
ϺͨŹB2-20040629
Copyright© 2004-. SteelHome.cn. All Rights Reserved
Shanghai SteelHome E-Commerce Co.,  Ltd    Tel: +86) 021-50585733, 50585358    Fax: 021-50585277