China’s Shagang raises wire rod prices for mid-September

The mill will sell its HPB300 wire rod at 4,390 yuan ($675) per tonne over the September 11-20 period, up 50 yuan per tonne from its price over the first ten days of the month.

Its rebar remains priced at 4,250 yuan per tonne for the same period, according to the mill’s announcement on Monday September 11.

Both prices are on an ex-works basis, including VAT.

by:Jessica Zong

reference:Metal Bulletin