Tag: China: Shagang holds list prices of construction steel for late Dec

Shagang Group (Shagang), China’s largest privately-owned steel producer headquartered in East China’s Jiangsu province, has decided to keep its list prices of rebar, wire rod and bar-in-coil unchanged for domestic sales over December 21-31 from the previous period, the steelmaker announced on Wednesday morning. This roll-over follows Shagang’s Yuan 100/tonne ($14.4/t) hike for the previous…