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Chinese EAF players

Scrap at 7 year high – rebar prices to increase further

July 6, 2021 by DailyTimes.pk

Scrap at 7 year high - rebar prices to increase further

International scrap prices have increased by 22.2pc CYTD to currently stand at US$517 per metric ton compared to CY20 average of US$287 per metric ton as global demand recovers with economic activity picking up while supply remains restricted.  Additional stimulus to scrap prices has been provided by strong rebar demand in China leading the country […]

Filed Under: Business Tagged With: Chinese EAF players, Construction package, Rebar, Scrap, steel

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