According to SteelHome survey, construction steel price increased by
10-30 yuan per tonne at Shanghai market.
SteelHome learned that enquiry from construction sites increased after
sellers raised their prices this morning. We expect that the local price
will rise slightly with fluctuation in the short run.
Product |
Specification |
Producers |
Price in RMB |
Price in USD |
Rebar |
Φ16-25mm HRB400 |
Zenith |
4000 |
580 |
Rebar |
Φ16-18mm HRB400 |
Shente |
3970 |
576 |
Wire Rod |
Φ8mm HPB300 |
Yaxin |
4000 |
580 |
Coiled Rebar |
Φ8mm HRB400 |
Yaxin |
4100 |
595 |
|
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |