China's Shagang rolls over long steel prices for late February

摘要

East China's Shagang has rolled over the prices for its long steel products for shipment in late February.The mill will continue to sell its HRB400 16-25mm rebar at 4,050 yuan ($638) per tonne over the February 21-28 period.It will also maintain the price of its HPB300 wire rod at 3,980 yuan per tonne, it said on Wednesday February 21.Both prices are on an ex-works basis, including VAT.The mill had kept its list prices unchanged since late January.