March 11, 2026

China: Shagang Steel keeps long steel prices stable for early-Mar’26 sales

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China’s Shagang Steel has continued to keep its long steel prices unchanged for early-Mar’26 sales, with no price revisions announced 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 ($500/t)
  • Coiled rebars (8-10 mm): RMB 3,560 ($516/t)
  • Wire rods (6-10 mm): RMB 3,470/t ($503/t)