Tag: China: Shagang Steel reduces long steel prices for late-Jun’24

China: Shagang Steel reduces long steel prices for late-Jun’24

Jun 21, 2024

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by

Snehal Govardhan

in Rebar

China’s Shagang Steel has decreased long steel prices by RMB 100/t ($14/t) for late-Jun’24 sales. Effective prices: Rebar (16-25 mm): RMB 3,970/t ($547/t) Wire rod (6-10 mm): RMB 3,920/t ($540/t) Coiled rebar (8-10 mm): RMB 4,010/t ($552/t) All prices are ex-mill, including VAT.