Tag: China: Shagang Steel raises rebars prices by RMB 50/t ($7/t) for mid-Mar’23 sales

China: Shagang Steel raises rebars prices by RMB 50/t ($7/t) for mid-Mar’23 sales

Mar 13, 2023

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by

Sakeena Rizvi

in Rebar

China’s Shagang Steel has raised rebar and coiled rebars prices by RMB 50/t ($7/t) while prices for wire rods remained unchanged for mid-Mar’23 sales. Effective prices are thus: Rebars (16-25 mm): RMB 4,450/t ($646/t) Wire rods (6-10 mm): RMB 4,560/t ($662/t) Coiled rebars (8-10 mm): RMB 4,700/t ($682/t).