Scrap market in China awaits clearer price direction
Scrap prices in the Chinese domestic market have moved in divergent directions over the past week.
Scrap prices in the Chinese domestic market have moved in divergent directions over the past week.
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During the week ending January 5, average Chinese steel pipe export offer prices have moved sideways.
Import containerized shredded scrap prices in India have softened slightly, but the focus of local secondary mills has shifted to Gulf-origin scrap.
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