China's ferrous scrap prices edge higher in 'uncertain' market

Nov 16, 2011 | 01:03 AM |

Heavy scrap prices in eastern China gained more than 50 yuan ($8) per tonne in the last week, in a tentative recovery helped by rising iron ore prices.Mainstream prices of heavy scrap reached 3,300-3,400 yuan per tonne with tax on Wednesday, and some offers....

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