
Rizhao Steel adjusts construction steel EXW prices on the basis of Nov. 16 price change.
High speed wire rod - Unchanged.
6.5mm high speed wire rod is priced at CNY4563 per tonne in Shandong and CNY4573 per tonne in Shanghai.
Rebar - Unchanged.
After adjustment, 16-25mm HRB400 rebar is quoted at CNY 4463 per tonne in Shandong and CNY 4483 per tonne in Shanghai.
III Coiled rebar: down CNY 50 per tonne.
At present, 8mm HRB400 coiled rebar is pegged at CNY 4783 per tonne in Shandong and CNY 4683 per tonne in Shanghai.
All the prices above include VAT and take effect from November 22, 2011.
(Source: www.steelhome.cn/en)
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