Tag: China Shagang Steel

China: Shagang Steel hikes construction steel prices by $32 for mid-March’22

Mar 11, 2022

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by

Deepika Singh

in Rebar

China’s Shagang Steel has increased long steel product prices for mid-Mar’22 sales amidst bullish global sentiments and the rise in raw material costs. Effective prices from today: Rebar (16-25 mm): RMB 5,200/t ($822/t) Wire rods (6-10 mm): RMB 5,310/t ($840/t) Coiled rebar (8-10 mm): RMB 5,400/t ($854/t) All prices are on ex-mill basis, including VAT.