Tag: China: Shagang Steel increases long steel prices by $7/t for early-June’24

China: Shagang Steel increases long steel prices by $7/t for early Jun’24

Jun 1, 2024

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by

Snehal Govardhan

in Rebar

China’s Shagang Steel has increased long steel prices RMB 50/t ($7/t) for early-Jun’24 sales. Effective prices: Rebar (16-25 mm): RMB 4,070/t ($562/t) Wire rod (6-10 mm): RMB 4,120/t ($569/t) Coiled rebar (8-10 mm): RMB 4,110/t ($568/t) All prices are ex-mill, including VAT.