China: Shagang Steel keeps long steel prices stable for early Nov'24
China's Shagang Steel has kept its long steel products prices stable for early-Nov'24 sales. Prices of rebars, coiled rebars, and wire rods rolled over w-o-w. Effective prices stood at:
- Rebar (16-25 mm): RMB 3,850/t ($541/t)
- Coiled rebar (8-10 mm): RMB 3,860/t ($542/t)
- Wire rod (6-10 mm): RMB 3,770/t ($529/t)