Laiwu Steel ups its rebar prices again

Monday, 03 August 2009 09:47:49 (GMT+3)   |  
On August 1 and August 3 Shandong Province-based Chinese steelmaker Laiwu Steel announced respective upward adjustments of RMB 120/mt ($17/mt) and RMB 270/mt ($39/mt) to its rebar ex-works prices with immediate effect.

Following the adjustments, the new price of 16-25 mm HRB 335 is now at RMB 4,470/mt ($654/mt).

The above price includes 17 percent VAT.

US$1 = RMB 6.83


Tags: Rebar Longs Laiwu 

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