Author: Lalita
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China’s Shagang hikes rebar prices by RMB 200/t for mid-Jul sales
Chinese steelmaker, Shagang Steel, has increased rebar prices by RMB 200/t ($31/t), while keeping its coiled rebar and wire rod prices unchanged for mid-Jul’21 sales, as per the company’s list prices announced on 11 Jul. Rebar (16-25mm) prices are at RMB 5,300/t ($819) Prices of wire rod (6.5mm) are at RMB 5,610/t ($868) Prices of…