Tag: China Shagang Steel
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China: Shagang lifts rebar prices by RMB 100/t ($16/t) for early-April
China’s Shagang Steel has raised rebar offers by RMB 100/t for early Apr’22 sales. Effective prices from today: Rebar (16-25 mm): RMB 5,300/t ($834/t). Wire rods (6-10 mm): RMB 5,310/t ($836/t). Coiled rebar (8-10 mm): RMB 5,400/t ($850/t). All prices are on ex-mill basis, including VAT.