September 07, 2008

Baosteel raise March purchase price for scrap

China's biggest steelmaker Baosteel has raised the purchase prices for scrap in March 2008 by CNY 370 per tonne. Latest heavy scrap price stands at CNY 3160 per tonne.

1. Medium scrap price stand at CNY 3100 per tonne
2. Medium scrap price stand at CNY 3070 per tonne
3. Small scrap price stand at CNY 3030 per tonne
4. Gradeless scrap price stand at CNY 2930 per tonne
6. Light scrap price stand at CNY 2735 per tonne

Prices listed above are exclusive of 17% VAT.

(Sourced from MySteel.net)