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 mill, namely the same Yuan 100/t increase for three successive sales period.

Shagang Group, China's largest privately-owned steelmaker, has again raisedits domestic rebar list prices, lifting these by another Yuan 100/tonne($14.6/t) for sales during August11-20, according to the company’s latest price policy released on August 11. The rise makes it three-in-a-row for the mill, namely the same Yuan 100/t increase for