Tag: China Shagang Steel

China: Shagang reduces long steel prices by $7/t for early-Apr’25 sales

Apr 1, 2025

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by

Shruti Tripathi

in Rebar

China’s Shagang Steel has reduced its long steel product prices for early-Apr’25 sales. Prices of rebars, coiled rebars, and wire rods were reduced by RMB 50/t ($7/t). Effective prices are as follows: Rebars (16-25 mm): RMB 3,350/t ($461/t) Coiled rebars (8-10 mm): RMB 3,460/t ($476/t) Wire rods (6-10 mm): RMB 3,370/t ($464/t)