Industry News

China's Shagang Group hikes construction steel prices

Update time : 2024-06-05 16:47:48

Chinese steelmaker Jiangsu Shagang Group announced to raise its construction steel prices by RMB50/ton for first half of June deliveries.

After the adjustment, its prices for HRB400 ribbed steel bar with diameters of 8mm-10mm are at RMB4,110/ton those for HPB400 wire rods with diameter of 16-22mm are at RMB4,070/ton, with 17% VAT.

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