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

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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

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Shagang Group, China's leading private steelmaker and headquartered in East China's Jiangsu province, has decided to clip its rebar list prices by Yuan 100/tonne ($13.9/t) for sales over October 21-31, the company announced on Friday morning. This ma...

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