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Shagang price moves prompt sweeping gains across China.

Publication: American Metal Market
Publication Date: 05-FEB-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Shagang price moves prompt sweeping gains across China.(China Watch)(Jiangsu Shagang Group Ltd.)

Article Excerpt
SINGAPORE -- Steel prices rose across the board in China during the past week after one of the country's biggest producers raised its ex-works prices.

Jiangsu Shagang Group Ltd., one of China's top five steelmakers and the second-largest mill in eastern China behind Shanghai Baosteel Group Corp., raised reinforcing bar prices by 140 yuan...

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