Category: Rebar

Weak construction demand weighs on price recovery Compressed margins limit mills’ scope for price cuts China’s Shagang Steel has kept its long steel prices unchanged for mid-August 2026 (11-20 August) sales. The producer maintained prices for rebars (16-25 mm) at RMB 3,300/t ($489/t), coiled rebars (8-10 mm) at RMB 3,430/t ($509/t), and wire rods (6-10…