Tag: China: Shagang Steel decreases long steel prices for mid-March’24 sales

China: Shagang Steel cuts long steel prices by $14 for mid-March’24 sale

Mar 11, 2024

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by

Snehal Govardhan

in Rebar

China’s Shagang Steel has reduced long steel prices by RMB 100 ($14) for mid-March’24 sales. Effective prices: Rebar (16-25 mm): RMB 4,020/t ($560/t) Wire rod (6-10 mm): RMB 4,170/t ($581/t) Coiled rebar (8-10 mm): RMB 4,160/t ($579/t) All prices are ex-mill, including VAT.