Tag: China: Shagang Steel keeps long steel prices flat for mid-Jan’26 sales
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China: Shagang Steel keeps long steel prices flat for mid-Jan’26 sales
China’s Shagang Steel has continued to keep its long steel prices flat for mid-Jan’26 sales, with no price revisions announced since 11 Sept’25. Prices of rebars, coiled rebars, and wire rods are as follows: Rebars (16-25 mm): RMB 3,450/t ($495/t) Coiled rebars (8-10 mm): RMB 3,560 ($511/t) Wire rods (6-10 mm): RMB 3,470/t ($498/t)