Tag: china long steel prices
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China: Shagang Steel hikes long steel prices by $16/t for mid-Feb’22
China’s Shagang Steel has hiked construction steel prices by RMB 100/t ($16/t) for mid-Feb’22. Current prices: Rebar (16-25 mm): RMB 5,100/t ($802/t) Wire rod (6-10 mm): RMB 5,310/t ($835/t) Coiled rebar (8-10 mm): RMB 5,400/t ($849/t) Prices mentioned are on exw basis including taxes, effective from today.