China’s Shagang Steel rolls over construction steel prices for mid-July

China’s Shagang Steel has rolled over long steel products prices for mid-Jul’22 sales. Effective prices-

• Rebar (16-25 mm): RMB 4,800/t ($715/t)
• Wire rods (6-10 mm): RMB 4,810/t ($717/t)
• Coiled rebar (8-10 mm): RMB 4,900/t ($730/t)

All prices are on ex-mill basis, including VAT.