Latest news on China Bar-in-coil markets

North China’s long steel heads for South as planned

Steelmakers in North and Northeast China are still determinedly shipping their long steel products to markets in South and East China as expected, given the large spread which still exists in prices between opposite ends of the country and the bleak local demand in northern regions, Mysteel Global h

Shagang slashes rebar price for mid-June on weak demand

Jiangsu Shagang Group (Shagang), the largest long-steel producer in East China’s Jiangsu province, has slashed its list prices of construction steel products including rebar for sales over June 11-20 after keeping them unchanged since late April, as low seasonal demand this month is pressuring domes

China’s Shagang holds long steel prices flat for mid-May

Jiangsu Shagang Group, China’s largest privately-owned steel producer in East China’s Jiangsu province, announced in its latest pricing policy to remain its long steel list prices unchanged for spot orders over May 11-20 amid a possible softening in demand and not to widen the gap with the market le

China’s Hunan to build a 5 mln t/y bar rolling mill

A new factory for producing small-diameter bar-in-coil is being built in Central China’s Hunan province, with the first phase of the eventual 3-stage project to commission by the end of September, an official from Anyang Heli Techtronic Co, the project’s major investor, said Tuesday.

Northern steel heading south in Dec seen hitting record

Steel mills in Northeast China plan to ship some 1.52 million tonnes of construction steel including rebar, wire rod and bar-in-coil to customers in the country’s warmer southern regions in December, according to Mysteel’s latest survey published on November 29. If realised, the total would be the l

Shagang holds rebar prices stable for mid-Nov sales

Steel giant Jiangsu Shagang Group has decided to hold its HRB400 16-25mm dia rebar ex-works price stable at Yuan 4,780/tonne ($686.8/t) including the 16% VAT for sales between November 11-20, according to the latest price adjustment policy tabled by China’s largest privately-owned steel producer on

China's Shagang raises long steel prices for mid Aug

Shagang Group, China's largest privately-owned steelmaker, has again raised its domestic rebar list prices, lifting these by another Yuan 100/tonne ($14.6/t) for sales during August 11-20, according to the company’s latest price policy released on August 11. The rise makes it three-in-a-row for the

China's Shagang raises long steel prices for late July

Shagang Group, China's largest privately-owned steelmaker headquartered in Zhangjiagang city in East China's Jiangsu province, has decided to raise its rebar list price by Yuan 100/tonne ($14.8/t) for sales during July 21-31, according to the company's latest price policy released on July 21, almost

China's Shagang reduces long steel prices for mid-July

Shagang Group, China's largest privately-owned steelmaker headquartered in Zhangjiagang city in East China's Jiangsu province, has decided to lower its rebar list price by Yuan 150/t ($22.5/t) for sales during July 11-20, industry sources who have received Shagang's new price list said. The company

DAILY: China's domestic steel prices dip on weak demand

China's domestic steel prices both for long and flat have been softening, though at a slower pace on July 2, mainly as the country's steel demand are gradually into a low period in hot and rainy summer days, Mysteel noted.