China's Shagang Steel has cut construction steel prices by RMB 100/t ($16/t) for early-Jan'22. Current prices:
Rebar 16-25mm: RMB 4,900/t ($771/t)
Wire rod 6-10mm: RMB 5,110/t ($804/t)
Coiled rebar 8-10mm: RMB 5,200/t ($818/t)
China's Shagang Steel has cut construction steel prices by RMB 100/t ($16/t) for early-Jan'22. Current prices:
Rebar 16-25mm: RMB 4,900/t ($771/t)
Wire rod 6-10mm: RMB 5,110/t ($804/t)
Coiled rebar 8-10mm: RMB 5,200/t ($818/t)
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