Trade Resources Economy China's Shagang Leaves Its Rebar Ex-Works Prices for The Second 10 Days of May

China's Shagang Leaves Its Rebar Ex-Works Prices for The Second 10 Days of May

It’s reported that China’s Shagang announced to leave its rebar ex-works prices for the second 10 days of May during May 11st through May 20th. After the adjustment, the company’s prices for HRB400 rebar with diameters of 16mm-25mm are at RMB3, 710/ton with 17% VAT. It’s known that the Shagang had reduced the prices for this product by RMB30/ton early this month. Besides, its prices for HRB335 rebar with diameters of 16mm-25mm and HPB300 we rods are at RMB3, 640/ton and RMB3, 730/ton respectively.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64424&division=A4
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Chinese Shagang Leaves Rebar Prices Flat for Mid-May
Topics: Metallurgy