China’s Shagang Steel has reduced long steel prices by RMB 100 ($14) for mid-March’24 sales.
Effective prices:
- Rebar (16-25 mm): RMB 4,020/t ($560/t)
- Wire rod (6-10 mm): RMB 4,170/t ($581/t)
- Coiled rebar (8-10 mm): RMB 4,160/t ($579/t)
- All prices are ex-mill, including VAT.