China’s Shagang Steel has kept long steel prices unchanged for early-Apr’24 sales after reducing the prices for mid-Mar’24 and late-Mar’24 sales.
Effective prices:
- Rebar (16-25 mm): RMB 3,920/t ($542/t)
- Wire rod (6-10 mm): RMB 3,970/t ($549/t)
- Coiled rebar (8-10 mm): RMB 3,960/t ($548/t)
- All prices are ex-mill, including VAT.