Author: Hitanshi
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China: Shagang keeps long steel prices unchanged for early-Jul’26 sales
Seasonal demand slowdown weighs on long steel market sentiment Relatively firm raw material prices continue to provide cost-side support China’s Shagang Steel has rolled over its long steel prices for early-July 2026 sales, reflecting a weak domestic market environment. The producer has kept rebar (16-25 mm) prices unchanged at RMB 3,400/t ($501/t), coiled rebar (8-10…