Steel Home Express: East China Scrap Price Broadly Stable on Monday Prices of scrap remain roughly stable in East China on Monday. 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. Market participants are optimistic about the further market developments amid rising steel price lately. In order to fulfill procurements, some steel mills have raised the price. Therefore, SteelHome considers that prices of scrap may rise by 20-30 yuan/t in the short run. Link: Market price of Anhui Scrap on Aug 17,20 Link: Market price of Jiangsu Scrap on Aug 17,20