China’s Shagang Steel has rolled over long steel prices for early-Feb’24 sales. Effective prices-
- Rebars (16-25 mm): RMB 4,120/t ($576/t)
- Wire rods (6-10 mm): RMB 4,270/t ($597/t)
- Coiled rebars (8-10 mm): RMB 4,260/t ($596/t)
- All prices are ex-mill, including VAT.