China: Shagang Steel keeps long steel prices stable for early-Nov’25 sales

China’s Shagang Steel rolled over long steel prices for early-Nov’25 sales. Prices of rebars, coiled rebars and wire rods are as follows:

• Rebars (16-25 mm): RMB 3,450/t ($484/t)
• Coiled rebars (8-10 mm): RMB 3,560/t ($500/t)
• Wire rods (6-10 mm): RMB 3,470/t ($487/t)