Eastern Chinese mills raisescrap buying prices again

摘要

Mills in eastern Chinaraised scrap buying costs again Tuesdayas rebar prices rose in the region.Jiangsu Shagang Group, the largestscrap user in China, raised its buyingprice by Yuan 80/mt ($13/mt) Tuesdayafter announcing it would raise its rebarex-works price for the August 11-20 periodby Yuan 120/mt ($19/mt), a companysource said.