China's Shagang slashes long steel prices again for late January

East China’s Shagang has lowered its long steel prices for a third time this month amid a weakening domestic market.

The mill will sell its HRB400 16-25mm rebar at 4,050 yuan ($633) per tonne over the January 21-31 period, down 300 yuan per tonne from its last price.

Published

Jessica Zong

January 22, 2018

04:07 GMT

Shanghai