It is reported that China Shaoguan Steel has announced it’s new ex work price for steel products.

The price of common wire rod has increased by CNY 50 per tonne as the new price of Q235 with outside diameter 6.5mm is being quoted at CNY 4690 per tonne and that of outside diameter 8mm to 10mm is CNY 4670 per tonne.

The price of rebar and round bar will be increased by CNY 30 per tonne as the new price for HRB335 with outside diameter 18mm to 25mm will reach CNY 4,600 per tonne.

The new prices will be effective from April 14th 2010.

• [Editor:editor]