China: Shagang Steel keeps long steel prices stable for early-Dec’25 sales

China’s Shagang Steel has kept its long steel prices stable for early-Dec’25 sales. Notably, prices have not been revised since 11 Sep’25. Prices of rebars, coiled rebars, and wire rods were as follows:

• Rebars (16-25 mm): RMB 3,450/t ($488/t)
• Coiled rebars (8-10 mm): RMB 3,560/t ($503/t)
• Wire rods (6-10 mm): RMB 3,470/t ($491/t)