Tag: China Shagang Steel
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China: Shagang Steel cuts long steel prices by $7/t for mid-Mar’25 sales
China’s Shagang Steel has reduced its long steel product prices for mid-Mar’25 sales after keeping them stable in early-Mar’25. Prices of rebars, coiled rebars, and wire rods have been reduced by RMB 50/t ($7/t). Effective prices are as follows: Rebars (16-25 mm): RMB 3,450/t ($476/t) Coiled rebars (8-10 mm): RMB 3,560/t ($492/t) Wire rods (6-10…