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Shagang raises rebar list prices by $15

September 01, 2010 - 05:12 GMT Location: Shanghai

KEYWORDS: shagang , steel , price , rebar , wire rod , hrc , hot rolled steel coil

Shagang, China's biggest long product producer, has raised rebar prices by 100 yuan ($15) per tonne on an improving domestic spot market.

It also lifted prices by 70 yuan per tonne for wire rod and 150 yuan for hot rolled coil. Ex-works prices are now 4,230 yuan per tonne for Grade II rebar of 14-25mm diameter, 4,360 yuan for Grade III rebar and 4,350 yuan per tonne for 6.5mm wire rod. Commercial hot...

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