Author: Rahul Shrivas
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China: Shagang Steel rolls over long steel prices for early-Jul’25 sales
China’s Shagang Steel has kept its long steel prices for early-Jul’25 sales unchanged, as per sources. Prices of rebars, coiled rebars, and wire rods are as follows: Rebars (16-25 mm):RMB 3,250/t ($454/t) Coiled rebars (8-10 mm):RMB 3,410/t ($476/t) Wire rods (6-10 mm):RMB 3,320/t ($463/t)