HomeNewsLatest news CHINA STEEL SCRAP: Import prices stabilize on weaker steel prices The import price for heavy scrap (HS) into China stabilized on Thursday April 8 due to softer downstream steel markets, although importers were still actively seeking cargoes, sources told Fastmarkets. Fastmarkets’ daily price assessment for steel scrap, heavy recycled steel materials, cfr China was unchanged at $475-480 per tonne on Thursday. Major steel product prices dropped in China's domestic market amid reduced trading activity. Fastmarkets’ daily assessment for steel hot-rolled coil domestic, ex-whs Eastern China was at 5,480-5,520 yuan ($838-844) per tonne on April 8, down by 50-70 yuan per tonne day by day. Buyers are hesitant... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Jessica Zong April 08, 2021 10:50 GMT Shanghai, Singapore Keywords China steel scrap ferrous scrap Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}