Chinese Shagang Group to Cut Rebar, Wire Rod Prices

  • Tuesday, June 23, 2015
  • Source:ferro-alloys.com

  • Keywords:steel price
[Fellow]Chinese steelmaker Shagang Group announced to lower its rebar and wire rod prices by RMB20~70/ton for deliveries in late June.

[Ferro-alloys.com] Chinese steelmaker Shagang Group announced to lower its rebar and wire rod prices by RMB20~70/ton for deliveries in late June. 

After the adjustment, its ex-work prices for HRB400 rebar with diameters of 14mm-25mm will be at RMB2,270/ton. In addition, ex-work prices for HPB400 grade wire rods will be RMB2,320/ton, down by RMB20/ton.

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  • [Editor:Yueleilei]

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