SteelOrbis Shanghai
On August 16, Jiangxi Province-based Xinyu Steel issued ex-factory prices for certain products. The details are as follows:
Medium plate:
The producer's price of common carbon plate and low alloy plate has not changed. Thus, the price of Q235 14-20 mm material remains at RMB 6,660/mt ($971/mt) in Nanchang.
The producer's price of wire rod has decreased RMB 270/mt ($39/mt). As a result, the price in Nanchang of Q235 6.5 mm wire rod is now at RMB 5,430/mt ($793/mt).
The price of rebar has remained stable and so in Nanchang the price of HRB 335 rebar of 16 mm diameter is still at RMB 5,350/mt ($781/mt).
The above prices include taxes (17 percent VAT) and are effective as of August 16.