CHINA STEEL WRAP: Shanghai shrugs off Shagang price increase

Apr 11, 2012 | 03:59 AM |

Shanghai’s spot steel market remained quiet on Wednesday April 11, as a price hike from Shagang Group failed to boost sentiment. Shagang Group raised both its rebar and wire rod prices by 50 yuan ($8) per tonne for the second 10....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events