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China scrap prices to rise in the second week after CNY

 

Date:[2/21/2018]    Source:Shandong Hai Steel Co.,Ltd

 

China scrap prices to rise in the second week after CNY

Despite the overall stability at the moment, ferrous scrap prices across China are seen trending upward during the coming week of February 26 due to the country's steel mills' restocking following the week-long Chinese New Year holiday (CNY) over February 15-21, market sources commented on February 22.

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