China’s leading steel mill, Shagang Steel, has reduced its scrap procurement prices by RMB 30\/t ($4\/t) on 29 Dec’25. This marks the second price revision this month. Following this adjustment, prices of HMS (6-10 mm) are at RMB 2,330\/t ($332\/t), down from RMB 2,360\/t ($337\/t) on 12 Dec, inclusive of 13% VAT.<\/p>\n","protected":false},"excerpt":{"rendered":"
China’s leading steel mill, Shagang Steel, has reduced its scrap procurement prices by RMB 30\/t…<\/p>\n","protected":false},"author":1,"featured_media":52278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-52277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?v=1767008107",1200,630,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-150x150.jpg?v=1767008107",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-300x158.jpg?v=1767008107",300,158,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-768x403.jpg?v=1767008107",640,336,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-1024x538.jpg?v=1767008107",640,336,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?v=1767008107",1200,630,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?v=1767008107",1200,630,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-1115x630.jpg?v=1767008107",1115,630,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-800x500.jpg?v=1767008107",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-1024x538.jpg?v=1767008107",1024,538,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-540x340.jpg?v=1767008107",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630-400x250.jpg?v=1767008107",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?v=1767008107","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52277"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52277\/revisions"}],"predecessor-version":[{"id":52279,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/52277\/revisions\/52279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/52278"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}