Reportedly, the Chinese steelmaker Shagang announced to remain its rebar ex-work prices unchanged for deliveries during October 11-20, starting from early October. After the adjustment, its prices for HRB400 rebar with diameter 16mm-25mm are at RMB3, 580/ton, with 17% VAT. Besides, Shagang also kept its prices for HPB300 grade wire rod prices unchanged at RMB3,640/ton with 17% VAT.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66681&division=A4
