Tag: China: Shagang Steel raise long steel prices by up to $7/t for late-April’24

China: Shagang Steel raises long steel prices by RMB 50( $7/t) for late-Apr’24

Apr 22, 2024

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by

Snehal Govardhan

in Rebar

China’s Shagang Steel has increased long steel prices by RMB 50/t ($7/t) w-o-w for late-Apr’24 sales. Effective prices: Rebar (16-25 mm): RMB 3,970/t ($548/t) Wire rod (6-10 mm): RMB 4,020/t ($555/t) Coiled rebar (8-10 mm): RMB 4,010/t ($554/t) All prices are ex-mill, including VAT.