China's Shagang lowers long steel prices for early April

East China’s Shagang has reduced the prices for its long steel products for shipment in early April in the wake of a weakening spot market.

The mill will sell its HRB400 16-25mm rebar at 3,900 yuan ($621) per tonne and HPB300 wire rod at 3,830 yuan per tonne over the April 1-10 period, both down 200 yuan per tonne compared with its last...

Published

Jessica Zong

April 02, 2018

05:42 GMT

Shanghai