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