China: Shagang Steel rolls over long steel prices for early-Jul’25 sales

China’s Shagang Steel has kept its long steel prices for early-Jul’25 sales unchanged, as per sources. Prices of rebars, coiled rebars, and wire rods are as follows:

• Rebars (16-25 mm):RMB 3,250/t ($454/t)
• Coiled rebars (8-10 mm):RMB 3,410/t ($476/t)
• Wire rods (6-10 mm):RMB 3,320/t ($463/t)