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PrintChina’s Jinan Steel Company has announced to reduce ex-work price.
Steel rebar price was down by CNY 900 per tonne and that of HRB 335 with size of 16mm to 5mm was at CNY 750 per tonne. Price of HRB 400 was decreased by CNY 180 per tonne while price of medium plate decreased by CNY 700 per tonne.
After the adjustment, price of medium plate with thickness of 20mm was being quoted at CNY 4,840 per tonne. And the price of heavy plate with thickness of 20mm was CNY 5,390 per tonne.
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