Scrap price in Liaoning province softens on Wednesday.
Then 6-10mm scrap in Chaoyang district is down 30 yuan to 2620 yuan per ton. In Benxi and Fushun cities, 6-10mm scrap is relatively stable at 2680 yuan per ton.
Scrap traders are worried about the market, citing that prices in other regions head down. Traders accelerate the deliveries.
By the way, steelmakers are shouldering high cost, which may dampen the market.
(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733) |