It is reported that Hebei Iron & Steel Group has announced its December price adjustments based on its November prices.

1. Rebar & Wire Rod
High speed wire rod up by CNY 150 per tonne
Rebar price up by CNY 100 per tonne
Coiled rebar price up by CNY 170 per tonne
HRB335 16mm to 25mm rebar price is now CNY 3,600 per tonne
HRB400 8mm to 12mm coiled rebar at CNY 3,670 per tonne

2. HRC
HRC price up by CNY 250 per tonne
5.5mm HRC latest EXW price is CNY 3,750 per tonne

3. CRC
CRC price up by CNY 470 per tonne
1.0 cased sheet is quoted at CNY 4,920 per tonne

4. CGI
CGI price up by CNY 370 per tonne
Price for SGCC1.0mm cold GI is offered at CNY 4,920 per tonne

Prices listed above are inclusive of 17% VAT effective as of November 25th 2009.

(Sourced from MySteel.net)
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