Shaoguan Steel announces new prices
SteelOrbis Shanghai On October 9, Guangdong province based Shaoguan Steel announced new ex-factory prices for some products. According to the new list, rebar prices increased RMB 30/mt ($4). The price of 18-25 mm diameter HRB335 rebar rose to RMB 3,260/mt ($412). Prices of wire rods and medium plates remained unchanged. The price of 6.5 mm diameter Q235 high speed wire is at RMB 3,320/mt ($420), and the price of 14-20 mm Q235 medium plate is at RMB 3,660/mt ($463). VAT is included in the prices, which are effective as of October 9, 2006.
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