Hebei Iron & Steel Group has published November prices for major steel products. Prices have been reduced by CNY 50 per tonne to CNY 300 per tonne versus October prices.
1. Rebar & Wire Rod
High speed wire rod, rebar and coiled rebar price down by CNY 50 per tonne
6.5mm high speed wire rod latest EXW price is CNY 3,350 per tonne
HRB335Φ16mm to 25mm rebar price is CNY 3,500 per tonne
HRB400Φ8mm to 12mm coiled rebar is CNY 3,500 per tonne
2. HRC
HRC price down by CNY 150 per tonne
5.5mm HRC price is CNY 3,500 per tonne
3. CRC
CRC price down by CNY 200 per tonne
Full hard price down by CNY 300 per tonne
1.0 CR sheet price stands at CNY 4,450 per tonne
SPCC1.0mm full hard at CNY 3,920 per tonne
4. CGI
CGI price down by CNY 100 per tonne
SGCC1.0mm cold GI is quoted at CNY 4,550 per tonne
5. PPGI
PPGI price down by CNY 300 per tonne
Price for CGCC0.5mm PPGI is offered at CNY 5,450 per tonne
6. Pickled
Picked price down by CNY 100 per tonne
SPHC3.0mm pickled steel price falls to CNY 3,900 per tonne
7. Medium Plate
Medium plate price down by CNY 50 per tonne
Q23514mm to 20mm medium plate is sold at CNY 3,450 per tonne
8. Angle
Angle price down by CNY 100 per tonne
Prices listed above are inclusive of 17% VAT effective as of November 1st 2009.
(Sourced from MySteel.net)
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