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Shagang increases rebar and wire rod prices for mid October
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Friday, 13 Nov 2009
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It is reported that China biggest private steelmaker has published its latest EXW prices for construction steel products for mid October.

1. Rebar
Rebar price up by CNY 80 per tonne
Ô14mm to 25mmHRB335 rebar price is CNY 3,680 per tonne

2. Common Carbon Wire Rod
Common carbon wire rod price up by CNY 100 per tonne
Ô6.5mm Q235 common carbon wire rod latest EXW price stands at CNY 3,750 per tonne

3. Coiled Rebar
Coiled rebar price up by CNY 150 per tonne
Ô8mm HRB400 coiled rebar is quoted at CNY 3,900 per tonne

Prices listed above are inclusive of 17% VAT effective as of November 11th 2009.

(Sourced from MySteel.net)
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