UTC+8 ( BJT)

Shagang keeps long steel prices unchanged for early Feb


Shagang Group, China's largest privately-owned steel producer based in East China's Jiangsu province, announced on January 21 that it is rolling over its ex-works prices of long steel products for sales over January 21-February 10 from those for January 11-20.
China's long steel producers are these days tending to hold their prices stable - and Shagang is no exception - because domestic steel sales have been gradually grinding to a halt as steel buyers look forward to their coming Chinese New Year holidays over January 31-February 6.   With the latest pricing policy, Shagang's


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