Spot prices for imported scrap into China were unchanged on Friday July 30 amid limited negotiations between buyers and sellers.
"There are hardly any offer prices for cfr China scrap in the market now. Prices for heavy scrap (HS) in Japan are quite high, which makes export deals to China very hard to clinch," a Japanese exporter source told Fastmarkets."Scrap prices haven't changed much in China this week. Buyers' acceptable bid prices are still at $535-540 per...