China: Shagang’s construction steel prices remain flat for end-Aug

Chinaese steelmaker Shagang Steel has kept its ex-mill prices of construction steel unchanged for the rest of the month. Rebar HRB 400 (16-25mm) is being offered at RMB 3,900/t, wire rod HPB300 (6-10mm) at RMB 4,010/t and coiled rebar HRB400 (8-10mm) at RMB 4,050/t (inclusive of taxes).


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