China’s leading steel mill, Shagang Steel, has increased its scrap procurement prices by RMB 50\/t ($7\/t), effective 10 Mar’26. This marks the first price revision this month. Following this adjustment, prices of HMS (6-10 mm) were at RMB 2,480\/t ($360\/t), up from RMB 2,430\/t ($353\/t) on 18 Feb’26, inclusive of 13% VAT.<\/p>\n","protected":false},"excerpt":{"rendered":"
China’s leading steel mill, Shagang Steel, has increased its scrap procurement prices by RMB 50\/t…<\/p>\n","protected":false},"author":1,"featured_media":60371,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-60370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=1280%2C720&ssl=1?v=1773218408",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?resize=150%2C150&ssl=1?v=1773218408",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=300%2C169&ssl=1?v=1773218408",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=640%2C360&ssl=1?v=1773218408",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=640%2C360&ssl=1?v=1773218408",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=1280%2C720&ssl=1?v=1773218408",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=1280%2C720&ssl=1?v=1773218408",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?resize=1115%2C715&ssl=1?v=1773218408",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?resize=800%2C500&ssl=1?v=1773218408",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=1024%2C576&ssl=1?v=1773218408",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?resize=540%2C340&ssl=1?v=1773218408",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?resize=400%2C250&ssl=1?v=1773218408",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:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-11T143956.939.jpg?fit=1280%2C720&ssl=1?v=1773218408","jetpack-related-posts":[{"id":52277,"url":"https:\/\/biztrend24.com\/?p=52277&lang=en","url_meta":{"origin":60370,"position":0},"title":"China: Shagang Steel reduces scrap procurement prices by $4\/t","author":"Biz Trend 24","date":"December 29, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1767008107&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1767008107&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1767008107&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1767008107&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-29T173414.961_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1767008107&resize=1050%2C600 3x"},"classes":[]},{"id":52185,"url":"https:\/\/biztrend24.com\/?p=52185&lang=en","url_meta":{"origin":60370,"position":1},"title":"China: Tsingshan trims ferro chrome tender price by RMB 200\/t ($28\/t) for Jan’26","author":"Biz Trend 24","date":"December 29, 2025","format":false,"excerpt":"Tsingshan has lowered its ferro chrome tender price by RMB 200\/t ($28\/t) m-o-m to RMB 8,195\/t ($1,166\/t) DAP for Jan26 deliveries. 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