Shagang Remains Rebar Prices Flat for Late October

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Reportedly, the Chinese steelmaker Shagang announced to remain rebar ex-work prices unchanged for October 21-31 period.

Also, the company has kept rebar ex-work prices unchanged for consecutive times.

After the announcement, its prices for HRB400 rebar with diameters of 16mm-25mm are at RMB3,580/ton, with 17% VAT.

Besides, Shagang also kept its prices for HPB300 grade wire rods unchanged at RMB3,640/ton for late October.

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