Scrap price in Hebei province softens on Monday.
Then 6-10mm HMS2 in Tangshan softens at 2700 yuan/t.
Meanwhile, steelmakers adjust the scrap purchase price as their arrival of scrap in the mills and the inventories. In addition, scrap sellers are waiting for the further market developments because of the finished product market operating with fluctuations recently.
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837) |
