SteelOrbis Shanghai
On October 28, Hansteel announced the following ex-works to be effective from October 28 to November 7:
1. Wire rod prices have increased by RMB 80/mt ($11/mt) from ten days ago. For common carbon high speed wire rod, the price of 6.5 mm Q235 is now at RMB 3,550/mt ($519/mt).
2. Rebar prices have been stable during the last ten days. The price of 16-25 mm HRB 335 is now at RMB 3,880/mt ($568/mt). The price of 16-25 mm HRB 440 is at RMB 4,120/mt ($603/mt). For small sized rebars, a RMB 150/mt ($21/mt) surcharge is added.
3. Common carbon plate prices have decreased by RMB 200/mt ($29/mt) from ten days ago. Now the prices of 14-25 mm Q235B stand at RMB 3,750/mt ($549/mt).
All the prices above include 17 percent VAT.
US$1 = RMB 6.83