Baosteel releases July scrap purchasing price, flat with that of June, purchasing price of HMS hovers at CNY 2,960 per tonne, that of medium scrap hovers at CNY 2,880 per tonne, that of small scrap stays at CNY 2,810 per tonne and that of general scrap represents at CNY 2,770 per tonne.

The above price includes 17% VAT and with payment against acceptance, due to be valid on July 1, 2012.

Source: www.steelhome.cn/en
China steel information centre and industry database

(www.steelguru.com)