China: Shagang Steel rolls over long steel prices

China’s Shagang Steel has kept construction steel prices unchanged for the rest of this month, sources informed SteelMint.
Fresh offers post the roll-over in prices:

  • Rebar (16-25mm): RMB 6,150/t ($961)
  • Wire rod (6-10mm): RMB 6,260/t ($978)
  • Coiled rebar (8-10mm): RMB 6,350/t ($992)

All prices are on ex-mill basis, effective from 21 Oct, including tax.


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