Shandong Steel announces rebar EXW price for late October based on October 10 price levels.

II grade HRB335 rebar: Down by CNY 150 per tonne
16mm to 25mm- CNY 4750 per tonne
Markup
10mm - CNY 180 per tonne
12mm - CNY 100 per tonne
14mm - CNY 50 per tonne
28mm, 32mm - CNY 80 per tonne
36mm, 40mm, 45mm - CNY 150 per tonne
50mm - CNY 200 per tonne

HRB400 rebar
Mark up over HRB335
10mm to 25mm - CNY 100 per tonne
28mm, 32mm - CNY 130 per tonne
36mm, 40mm, 45mm - CNY 230 per tonne
50mm - CNY 350 per tonne

All the prices above include VAT and take effect from October 20, 2011.

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