Tag: China: Shagang cuts rebar list price by $14/t for mid-Nov sales

  • China: Shagang cuts rebar list price by $14/t for mid-Nov sales

    China: Shagang cuts rebar list price by $14/t for mid-Nov sales

    Shagang Group, China’s leading privately-owned steelmaker headquartered in East China’s Jiangsu province, has decided to cut its rebar list price by Yuan 100/tonne ($13.9/t) for sales over November 11-20, the company announced on Friday morning. The latest price adjustment was just made following the steel giant’s cut of Yuan 100/t for the prior 10-day sales…