China: Shagang Steel rolls over long steel price for end-Apr sales

Shagang Steel has kept its construction steel prices unchanged for end-Apr sales, effective from today till 31 Apr ’21. The current price of –

• Rebar (16-25mm) stands at RMB 5,250/t ($808)
• Wire rod (6-10mm) is at RMB 5,260/t ($809)
• Coiled rebar (8-10mm) is at RMB 5,350/t ($823)

All prices are on ex-mill basis, taxes inclusive.