Tag: China rebar
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China: Shagang raises long steel prices by $24-31/t for mid-Dec’21
Shagang Group, China’s leading long steelmaker headquartered in East China’s Jiangsu province, has raised its long steel list prices by Yuan 150-200/tonne ($23.5-31.4/t) from the prior ten days for domestic sales over December 11-20, which has confused some market sources though some others have viewed the substantial rise in a subdue steel consumption period as…