China: Shagang Steel hikes long steel price by RMB 200/t ($31) for mid-Apr

Shagang Steel has increased its construction steel prices by RMB 200/t for mid-Apr sales, effective from 11 Apr till 20 Apr ’21. The revised prices are as follows:

• Rebar (16-25mm) stands at RMB 5,250/t
• Wire rod (6-10mm) at RMB 5,260/t
• Coiled rebar (8-10mm) at RMB 5,350/t

All prices are on ex-mill basis.