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

Eastern China steelmaker Shagang has cut list prices for its rebar and wire rod booked and shipped in mid-August.

The mill is selling its HRB400 16-25mm rebar at 3,970 yuan ($562) per tonne over the August 11-20 period, down 200 yuan per tonne from its last...

Published

Jessica Zong

August 12, 2019

08:25 GMT

Shanghai