Tag: #shagangsteel
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China: Shagang keeps long steel prices unchanged for mid-Jul’26 sales
Weak seasonal demand continues to weigh on sentiment Spot demand remains weak despite firmer futures China’s Shagang Steel has kept its domestic long steel prices unchanged for mid-July 2026 sales, reflecting cautious sentiment amid weak seasonal demand and subdued spot market activity. The producer maintained prices at Rebars (16-25 mm): RMB 3,400/t ($502/t) Coiled rebars…