Category: Rebar
-

China: Shagang Steel cuts long steel prices for late-Apr’26 sales in first price revision in 7 months
China’s Shagang Steel has reduced its long steel prices for late-Apr’26 sales, marking the first price revision in seven months, that is, since 11 Sep’25. Rebar prices were reduced by RMB 100/t ($15/t), while coiled rebars and wire rods were cut by RMB 80/t ($12/t). Revised prices are as follows: Rebars (16-25 mm): RMB 3,350/t…