The Chinese steelmaker Shagang announced to remain its rebar prices for delivery during July 1st through 10th unchanged.
After announcement, its prices for HRB335 and HRB400 rebar with diameters of 16mm-25mm are at RMB3,360/ton and RMB3,410/ton respectively, 17% VAT included.
Besides, Shangang also remained its prices for wire rods unchanged flat for early July, making its prices for HBP300 wire rods at RMB3, 450/ton with VAT.