Author: Lalita
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China’s Shagang Steel slashes long steel prices by up to RMB 300/t ($47)
Chinese steelmaker Shagang Steel has decreased its construction steel prices for May-end sales, effective from 21 May’21. The current prices are: Rebar (16-25 mm) price is at RMB 5,850/t ($909) Price of wire rod (6-10mm) is at RMB 6,010/t ($934) Coiled rebar (8-10 mm) price is at RMB 6,100/t ($948) All prices are on ex-mill…