Author: Lalita

China’s Shagang Steel has slashed rebar prices by RMB 300/t for mid-Jun’21 sales, while keeping other long steel prices unchanged. The revised price is effective from 11 Jun. All prices are on ex-mill basis, inclusive of taxes. Rebar (16-25 mm) price is at RMB 5,200/t ($814) (-RMB 300). Price of wire rod (6-10mm) is at…