Announcement

Thursday, September 16, 2010

Xinyu Iron and Steel lifts steel prices

China Xinyu Iron & Steel Group announced to increase the price for hot rolled coil high speed wire and rebar by CNY 100 per tonne, CNY 30 per tonne & CNY 50 per tonne respectively.

The company’s price of high speed wire of Q235 is about CNY 4,610 per tonne while the rebar price of

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