Author: Abhishek Bhalla
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China’s Shagang Steel Hikes Construction Steel Price by RMB 50/MT for end May
Shagang Group revised its ex-mill price of construction steels for the remaining days of May. This price is based on the “prices guidance for the median May period issued on May 21”. The detailed prices are as following: 1. Rebar prices moved up RMB 50/MT. HRB400 16-25mm is at RMB 3,750/MT, ø10mm, ø12mm, ø 14mm,…