Shagang holds long steel list prices for early March

Shagang Group (Shagang), China's largest privately-owned producer headquartered in Zhangjiagang in East China's Jiangsu province, has decided to roll over the list prices of all its major long steel products for sales during March 1-10, according to the company's pricing policy released on Friday.

Shagang releases its long steel list prices three times a month, and this announcement marks the fourth time in succession that the Chinese steel giant has held its longs prices for a ten-day sales period, Mysteel Global notes. With its latest pricing policy, Shagang's HRB400 16-20mm dia rebar remains priced at