SteelMint

Author: Lalita

  • China’s Shagang cuts long steel prices for late Nov’21 sales

    China’s Shagang cuts long steel prices for late Nov’21 sales

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    by

    Lalita
    in

    Chinese steelmaker Shagang Steel has cut construction steel prices for late-Nov’21 sales effective from 21 Nov’21. Current prices: Rebar 16-25mm: RMB 4,800/t ($752), down RMB 300 ($47) Wire rod 6-10mm: RMB 5,060/t ($793), down RMB 200/t ($31) Coiled rebar 8-10mm: RMB 5,150/t ($807), down RMB 200 ($31) All prices are on ex-mill basis, inclusive of…