Shagang issues unchanged longs' prices for mid-February

SteelOrbis Shanghai On February 11, Jiangsu Province-based Shagang announced its ex-factory prices of long products for mid-February. The prices have remained unchanged from the earlier levels. The details are as follows: 1. The price of 14-25 mm diameter HRB335 rebar is still at RMB 3,300/mt ($425/mt). 2. The price of 6.5 mm Q235 wire rod is at RMB 3,380/mt ($436/mt). The above prices include 17 percent VAT and are effective from February 11 to February 20. $1 = RMB 7.76