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Tuesday, 02/01/2011 10:33:02 AM

Tuesday, February 01, 2011 10:33:02 AM

Post# of 758
Reportedly, China’s Shagang announced to raise the domestic steel prices for the first half of February.

The company has decided to increase RMB50/ton for steel wire, wire rod, rebar, round bar and big coils.

Moreover, the prices of hot rolled coil and heavy thickness steel plate have also hike by RMB350/ton and RMB300/ton respectively.

The above prices will become effective since February 1st, 2011

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