Tag: Shagang Steel Rebar Prices

Shagang has rolled over the prices for its long steel products for shipment in late May. One of the largest ferrous scrap consumers in east China, Shagang Jiangsu Steel group has cut its domestic scrap purchase prices by Chinese Yuan 50/MT (USD 8) today. After witnessing price hike of RMB 100/MT on 3rd May’18, the…