SteelHome Express: East China Scrap Price Roughly Stable on Active Shipping Operations from Supplier Prices of scrap remain roughly flat in East China on Monday. 6-10mm HMS stays at 2630-2680 yuan/t in Jiangsu; 2620-2670 yuan/t in Shandong; 2600-2650 yuan/t in Fujian; 2600-2650 yuan/t in Anhui. Affected by slack steel sales during the heavy rainfalls in Southern China, some steelmakers have lowered scrap procurement price by 20-50 yuan/t. Meanwhile, scrap shipments from suppliers have increased. SteelHome considers that East Chinaâ??s scrap price may drop in the short run. Link: Market price of Anhui Scrap on Jul 6,20 Link: Market price of Fujian Scrap on Jul 6,20 Link: Market price of Shandong Scrap on Jul 6,20 Link: Market price of Jiangsu Scrap on Jul 6,20 Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
