China's Shagang cuts long steel prices for mid-June

Eastern China’s steel major Shagang has lowered the list prices of its long steel products for mid-June amid a weakening spot market.

The mill will sell its HRB400 rebar at 3,730 yuan ($549) per tonne over the June 11-20 period, down 120 yuan ($18) per...


Jessica Zong

June 12, 2017

05:53 GMT