Author: Lalita
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China’s Shagang hikes long steel prices by up to RMB 200/t for early-Apr
China’s Shagang Steel has raised its construction steel prices for early-Apr sales, effective from today till 10 Apr ’21. The price hike can be attributed to rising semi-finished steel prices and improved demand for construction steel. The revised prices are as follows: Rebar (16-25mm) stands at RMB 5,050/t (+RMB 200) Wire rod (6-10mm) at RMB…