Shagang keeps longs list prices unchanged for early Nov sales

Shagang Group (Shagang), China's largest privately-owned steelmaker headquartered in Zhangjiagang in East China's Jiangsu province, is rolling over its list prices for long steel items comprising rebar, wire rod and bar-in-coil for sales during the first ten days of November, after having cut them for the prior price period, the company announced on Friday.

Consequently, Shagang's HRB400 16-20 mm rebar is still priced at Yuan 3,850/tonne ($540/t) for sales during November 1-10, its HPB300 6-10mm high-speed wire rod stays at Yuan 3,770/t, and its HRB400 8-10mm bar-in-coil price is still at Yuan 3,860/t, all in terms of EXW and including the 13% VAT. A