Author: Lalita

China’s Shagang Steel has revised long steel prices for early-Aug’21 sales effective from 1 Aug. Rebar prices have been increased by RMB 150/t, while prices of wire rod and coiled rebar have been raised by RMB 50/t. Prices are on ex-mill basis, including taxes. Rebar (16-25mm): RMB 5,700/t ($882) Wire rod (6.5mm): RMB 5,860/t ($907)…