SteelOrbis Shanghai
On November 28, the five leading mills in northern
China (Shougang, Tangshan Steel, Xuanhua Steel, Tianjin Steel and Chengde Steel) announced their December prices for long products.
1. Rebar: prices for
rebar have decreased by RMB 80/mt ($10). As a result of the reduction, the price of 16-25 mm diameter HRB335
rebar is now at RMB 3,000/mt ($383), that of 12-14 mm is at RMB 3,100/mt ($395), the price of 16-25 mm diameter HRB400
rebar is at RMB 3,100/mt ($395), while that of 12-14 mm is now at RMB 3,200/mt ($408).
2. Wire rod: the prices of high speed
wire rod have decreased by RMB 60/mt ($8). After the change, the price of 6.5 mm diameter Q235 high speed
wire rod is at RMB 3,000/mt ($383).
All the above prices include taxes.