Shagang issues longs ex-works prices for April

Wednesday, 01 April 2009 15:18:13 (GMT+3)   |  
On April 1, Jiangsu Province-based Chinese steel producer Shagang announced its ex-factory prices of long products for April. The details are as follows:

1. Rebar prices have remained the same as late March levels. As a result, the price of 14-25 mm diameter HRB 335 is now at RMB 3,300/mt ($483/mt).

2. High speed wire rod prices have also remained constant. Thus, the price of 6.5 mm Q235 is at RMB 3,300/mt ($483/mt).

The prices, which include 17 percent VAT,  are effective from April 1 to April 10.

Please click here to see the new HR prices of Shagang.

$1 = RMB 6.83

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