Category: Rebar

Softer SHFE rebar futures reflect cautious near-term sentiment Seasonal rainfall, high temperatures disrupt construction activity China’s Shagang Steel has kept its long steel prices unchanged for early-August 2026 (1-10 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 ($508/t), and wire rods (6-10…