China’s Shagang Steel has kept long steel prices flat for mid-Feb’24 sales. Effective prices:
- Rebar (16-25 mm): RMB 4,120/t ($573/t)
- Wire rod (6-10 mm): RMB 4,270/t ($594/t)
- Coiled rebar (8-10 mm): RMB 4,260/t ($592/t)
- All prices are ex-mill, including VAT.