Shagang cut scrap purchasing price by CNY 60 per tonne on October 19, after that, procurement price of scrap (>6mm) hovers at CNY 3,620 per tonne, that of scrap (>4mm) stays at CNY 3,560 per tonne, that of HMS (>60mm) hovers at CNY 3,590 per tonne, that of HMS (>15mm) perches at CNY 3,560 per tonne, that of HMS (>6mm) perched at CNY 3,520 per tonne, that of scrap (>4mm) stays at CNY 3,580 per tonne and that of scrap (>2mm) represents at CNY 3,350 per tonne.

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