China’s Shagang Steel kept prices of its rebars unchanged for mid-Feb’25 sales. However, prices of coiled rebars and wire rods increased by RMB 100/t ($14/t). Post-revision, prices stood at:
- Rebars (16-25 mm): RMB 3,500/t ($479/t)
- Coiled rebars (8-10 mm): RMB 3,610/t ($494/t)
- Wire rods (6-10 mm): RMB 3,520/t ($482/t)
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