Author: Lalita

China: Shagang Steel cuts long steel prices for early-Jan’22

Jan 4, 2022

—

by

Lalita

in Rebar

China’s Shagang Steel has cut construction steel prices by RMB 100/t ($16/t) for early-Jan’22. Current prices: Rebar 16-25mm: RMB 4,900/t ($771/t) Wire rod 6-10mm: RMB 5,110/t ($804/t) Coiled rebar 8-10mm: RMB 5,200/t ($818/t) All prices are on ex-mill basis, including VAT effective from 1 Jan.