China: Shagang Steel keeps long steel prices stable for mid Oct’24

China’s Shagang Steel has kept its long steel products prices stable for mid-Oct’24 sales. Prices of rebars, coiled rebars, and wire rods rolled over w-o-w. Effective prices stood at:

  • Rebar (16-25 mm): RMB 3,950/t ($558/t)
  • Coiled rebar (8-10 mm): RMB 3,960/t ($560/t)
  • Wire rod (6-10 mm): RMB 3,870/t ($545/t)

All prices are ex-mill, including VAT.


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