Cost control pressures have led major Chinese steelmakers to keep their scrap buying prices unchanged so far this week. However, from mid-week some small-to medium-sized private mills in the country's eastern regions chose to pay higher prices to secure scrap supplies. In Jiangsu province, the privately-owned longs producer in Changzhou city, Oriental Special Steel Co., lifted its scrap prices by Yuan 80/mt (13 dollars/mt) on Wednesday.
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