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Shagang rolls over its long product prices for early-Jan sales

Source: Mysteel Jan 04, 2026 18:30
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Long Products Company Price
Shagang Group (Shagang), China's leading privately-owned steelmaker, has decided to hold its list prices for long products for sales during January 1-10 from its previous eleven-day sales period, the company announced last Thursday, the first day of China's three-day New Year holiday.
With its latest pricing policy, Shagang continues to hold the price of its HRB400 16-20mm rebar at Yuan 3,450/tonne ($493/t), its HPB300 6-10mm wire rod at Yuan 3,470/t, and its HRB400 8-10mm bar-in-coil at Yuan 3,560/t. All prices are EXW and include the 13% VAT.   Shagang, headquartered in Zhangjiagang in

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