Shagang Steel Rolls Over Construction Steel Prices or rest of April

On Apr 21, Shagang group rolled over its ex-mill price of construction steels for the remaining days of April according to an official statement by the company.

Shagang group is the largest private steel company in China with an annual steel production capacity of more than 40 MnT is ranked 6th globally in CY18 with an output of 40.66 MnT. In CY19, its output of steel stood at 41 MnT, up 1.1% Y-o-Y.