Tag: China: Shagang Steel keeps long steel prices stable for late-May’24

China’s Shagang Steel has kept long steel prices stable for late-May’24 sales. Effective prices: Rebar (16-25 mm): RMB 4,020/t ($556/t) Wire rod (6-10 mm): RMB 4,070/t ($562/t) Coiled rebar (8-10 mm): RMB 4,060/t ($561/t) All prices are ex-mill, including VAT.