China's Shagang Steel has announced a price hike for their rebar products for late-Sep'2024 sales. Prices for both standard and coiled rebars have increased by RMB 100/t ($14/t). However, wire rod prices have remained stable. Effective prices:

Rebar (16-25 mm): RMB 3,600/t ($511/t)
Coiled rebar (8-10 mm): RMB 3,610/t ($512/t)
Wire rod (6-10 mm): RMB 3,420/t ($485/t)
All prices are ex-mill, including VAT.

" /> China's Shagang Steel has announced a price hike for their rebar products for late-Sep'2024 sales. Prices for both standard and coiled rebars have increased by RMB 100/t ($14/t). However, wire rod prices have remained stable. Effective prices:

Rebar (16-25 mm): RMB 3,600/t ($511/t)
Coiled rebar (8-10 mm): RMB 3,610/t ($512/t)
Wire rod (6-10 mm): RMB 3,420/t ($485/t)
All prices are ex-mill, including VAT.

" /> China: Shagang Steel hikes rebar prices by $14/t for late-Sep'24 | BigMint

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China: Shagang Steel hikes rebar prices by $14/t for late-Sep'24

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23 Sep 2024, 11:26 IST

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