China’s Shagang Steel has continued to keep long steel prices stable for mid-Apr’24 sales. Effective prices:
- Rebar (16-25 mm): RMB 3,920/t ($542/t)
- Wire rod (6-10 mm): RMB 3,970/t ($549/t)
- Coiled rebar (8-10 mm): RMB 3,960/t ($547/t)
- All prices are ex-mill, including VAT.