Shagang trims rebar sale price by $14/t for late Oct sales

With the current pricing plan, Shagang's HRB400 16-25mm dia rebar is being offered at Yuan 4,100/ t, while those of HPB300 6-10mm high-speed cord rod and also HRB400 8-10mm bar-in-coil remain unchanged at Yuan 4,310/ t as well as Yuan 4,400/ t respectively, all in terms of EXW and also consisting of the 13% BARREL. A Shanghai-based market insider

-->
pre : UPDATE: Shagang reduces one more $7/t off scrap purchasing costs
next : SK: Ferrous scrap imports increase 18% m-o-m in Sep' 22.