March 15, 2026

China: Shagang Steel keeps long steel prices stable for late-Dec’25 sales

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China’s Shagang Steel has rolled over its long steel prices for late-Dec’25 sales, keeping levels unchanged since 11 Sep’25. Prices of rebars, coiled rebars, and wire rods are as follows:

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  • Rebars (16-25 mm): RMB 3,450/t ($492/t)
  • Coiled rebars (8-10 mm): RMB 3,560 ($507/t)
  • Wire rods (6-10 mm): RMB 3,470/t ($494/t)