China: Shagang Steel keeps long steel prices unchanged for late-Jan'25
China's Shagang Steel has kept prices of its long steel products - rebars, coiled rebars, and wire rods - unchanged for late-Jan'25 sales. Effective prices now stand at:
- Rebar (16-25 mm): RMB 3,500/t ($481/t)
- Coiled rebar (8-10 mm): RMB 3,510/t ($482/t)
- Wire rod (6-10 mm): RMB 3,420/t ($470/t)