Hebei Iron & Steel announced its construction steel guidance prices for early January contracts.
The company’s prices for HRB400E rebar with diameters of 16 mm will decrease by RMB 170 per tonne to RMB 2,560 per tonne, including 17% VAT.
However, those for HPB300 wire rods with diameter of 6.5mm-10mm are at RMB 2,650 per tonne, decreasing by RMB200 per tonne from the previous price.
Source – Strategic Research Institute
Zhejiang Yaang Pipe Industry Co., Limited