China’s Shagang Steel has continued to keep long steel prices flat for early-March’24 sales.
Effective prices:
- Rebar (16-25 mm): RMB 4,120/t ($572/t)
- Wire rod (6-10 mm): RMB 4,270/t ($593/t)
- Coiled rebar (8-10 mm): RMB 4,260/t ($592/t)
- All prices are ex-mill, including VAT.