China: Shagang Steel keeps long steel prices stable for early Nov’24

China’s Shagang Steel has kept its long steel products prices stable for early-Nov’24 sales. Prices of rebars, coiled rebars, and wire rods rolled over w-o-w. Effective prices stood at:

  • Rebar (16-25 mm): RMB 3,850/t ($541/t)
  • Coiled rebar (8-10 mm): RMB 3,860/t ($542/t)
  • Wire rod (6-10 mm): RMB 3,770/t ($529/t)

All prices are ex-mill, including VAT.


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