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Shagang cuts rebar retail price by $14/t for early Nov sales

Gangya Metal978 people have read

Meanwhile, Shagang has rolled over its retail price of cable pole and bar-in-coil for the fifth successive 10-day cycle, according to the business. With the new pricing policy, Shagang's HRB400 16-25mm rebar is currently valued at Yuan 4,000/ t, while its HPB300 6-10mm high-speed cable rod is still at Yuan 4,310/ t, and

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Shagang Group, China's leading privately-owned steelmaker headquartered in East China's Jiangsu province, is slashing its rebar list prices by another Yuan 100/tonne ($13.7/t) for sales over November 1-10, the company announced on Tuesday morning. Th...

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