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Friday, October 21, 2011

Shandong Steel cuts rebar prices by about USD 25 for October

Friday, 21 Oct 2011

Shandong Steel announces rebar EXW price for late October based on October 10 price levels.

II grade HRB335 rebar: Down by CNY 150 per tonne
16mm to 25mm- CNY 4750 per tonne
Markup
10mm - CNY 180 per tonne
12mm - CNY 100 per tonne
14mm - CNY 50 per tonne
28mm, 32mm - CNY 80 per tonne
36mm, 40mm, 45mm - CNY 150 per tonne
50mm - CNY 200 per tonne

HRB400 rebar
Mark up over HRB335
10mm to 25mm - CNY 100 per tonne
28mm, 32mm - CNY 130 per tonne
36mm, 40mm, 45mm - CNY 230 per tonne
50mm - CNY 350 per tonne

All the prices above include VAT and take effect from October 20, 2011.

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