Author: Lalita
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China: Shagang Steel cuts coiled rebar prices for early-Jul sales
Chinese steelmaker Shagang Steel has decreased coiled rebar prices by RMB 100/t while keeping its rebar and wire rod prices unchanged for early-Jul’21 sales, as per the company’s list prices announced on 1 Jul. Rebar (16-25mm) prices are at RMB 5,100/t ($789) Prices of wire rod (6.5mm) are at RMB 5,610/t ($868) Prices of coiled…