China: Shagang Steel keeps long steel price unchanged for late-May’26 sales

China’s Shagang Steel has kept its long steel prices unchanged for late-May’26 sales. Prices of rebars, coiled rebars, and wire rods are as follows:

• Rebars (16-25 mm): RMB 3,400/t ($500/t)
• Coiled rebars (8-10 mm): RMB 3,530/t ($519/t)
• Wire rods (6-10 mm): RMB 3,440/t ($506/t)