HBIS to hike EXW price for Feb by CNY 100 to 150 per tonne

Thursday, 27 Jan 2011
It is reported that Hebei Iron & Steel Group raise its February ex-works prices of most construction steel products and plate products by CNY 100 per tonne to CNY 150 tonne.
All price changes listed below are EXCLUSIVE of 17% VAT except stated otherwise, and will come into force as of the date of issuance.
1. Hard wire rod
Feb prices up CNY 100 per tonne from January level45 to 60#hard wire rod is priced at CNY 4800 per tonne
2. Welded rodFeb prices up CNY 100 per tonne from January levelH08AE welded rod and ER50S-6 welded wire are offered at CNY 4850 per tonne and CNY 5150 per tonne;
3. B-SteelFebruary prices up CNY 100 per tonne from January level77B-steel and 82B-steel are both posted at CNY 4900tonne
4. PC-steelFeb prices up CNY 100 per ton from January level30MnSiPC-steel goes at CNY 4850 per tonne.
5. High speed wire rod
Products made by Tangsteel, Xuangang, ChenggangFebruary prices up CNY 100 per tonne from January levelHPB235 high speed wire rod with diameter 6.5mm was priced at CNY 4,750 per tonneProducts made by HandansteelHPB235 high speed wire rod with diameter 6.5mm was priced at CNY 4800tonne
6. RebarProducts made by Tangsteel, Xuangang, Chenggang,February prices up CNY 150 per tonne from January level;HRB335 high speed wire rod with diameter 18mm to 25mm was offered at CNY 4,770 per tonne;Products made by Handansteel,
HRB335 high speed wire rod with diameter 18mm to 25mm was offered at CNY 4,750tonne;
7. Spiral steelProducts made by Tangsteel, Xuangang, Chenggang;February prices up CNY 100 per ton from January level;HRB400 spiral steel with diameter 8mm to 12mm is posted at CNY 4,900 per tonne;Products made by Handansteel;HRB400 spiral steel with diameter 8mm to 12mm was posted at CNY 5,000 per tonne
8. Medium plateFebruary prices up CNY 100 per tonne from January levelMedium plate Q235 with diameter 14mm to 20mm is offered at CNY 4900 per tonne
9. HRCFebruary prices up CNY 100 per tonne from January level;HRC Q235 with diameter 5.5mm is priced at CNY 4850 per tonne;
10. CRCFeb prices up CNY 100 per tonne from January level;SPCC with diameter 1.0mm is priced at CNY 5600 per tonne
11. Cold hard coilFeb prices up CNY 100 per tonne from January level;SPCC with diameter 1.0mm is offered at CNY 5150 per tonne
12. CR galvanizedFebruary prices up CNY 100 per tonne from January level;SGCC with diameter 1.0mm is priced at CNY 5700 per tonne.
(Sourced from MySteel.net) Visit www.Mysteel.net for real time access to China steel news!