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Shagang's building material prices remain stable in mid-March, with rebar prices added by 80 yuan.
On March 11, Shagang issued its mid-March ex-works prices. Rebar and wire rod prices remained temporarily stable: current rebar is 3450 and wire rod is 3560. It also instructed a follow-up補 of 80 yuan/ton for rebar under Phase 3-1 to complete the plan. All of the above prices include tax and will take effect starting March 11, 2026. (SMM)