SteelOrbis Shanghai
On October 21, Jiangsu Province-based Shagang issued late October prices for its long products.
Rebar prices have remained the same as mid-October levels. Thus, the price of 14-25 mm diameter HRB 335 is still at RMB 4,030/mt ($537/mt), with no preferential price for the mill's agents this time.
High-speed wire rod prices have also remained constant. As a result, the price of 6.5 mm Q235 is still at RMB 4,050/mt ($540/mt).
All the above prices include 17 percent VAT and are effective from October 21 to October 31, 2007.