Shagang Steel has kept its construction steel prices unchanged for early Jul’20. Prices for HRB400 (16-25mm) rebar stands at RMB 3,850/t ex-mill, HPB300 (6-10mm) carbon wire rod is at RMB 3,910/t ex-mill and HRB400 (8-10mm) coiled rebar is at RMB 3,950/t ex-mill. These prices will be effective from 1 Jul’20.

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