August 09, 2008

Handan Steel increases EXW prices for rebars and plates

Hebei based Handan Steel today adjusts its EXW prices upward by different ranges, based on prices released on Apr 28th 2008:

Wire rod – Up by CNY 450 per tonne
Q235 6.5mm common carbon wire rod - CNY 5940 per tonne
Q235 6.5mm high speed wire rod – CNY 5980 per tonne

Rebars - Up by CNY 350 per tonne
HRB335 12mm rebar – CNY 6080 per tonne
HRB335 14mm rebar – CNY 6030 per tonne
HRB335 16-25mm rebar - CNY 5880 per tonne

Medium plate – Up by CNY 280 per tonne
Q235B 20mm medium plate - CNY 6580 per tonne

Prices listed above are inclusive of 17% VAT and are effective as of May 8th 2008.

(Sourced from MySteel.net)