China’s Shagang Steel has rolled over long steel product prices for late-Mar’22 sales. Effective prices from today:
- Rebar (16-25 mm): RMB 5,200/t ($817/t)
- Wire rods (6-10 mm): RMB 5,310/t ($834/t)
- Coiled rebar (8-10 mm): RMB 5,400/t ($848/t)
All prices are on ex-mill basis, including VAT.
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