How to adjust the price of construction steel on June 26, 2019?
It’s learned: On June 26, Shandong Minyuan Iron and Steel Co., Ltd. has adjusted the price of construction steel. The detailed adjustment is as follows:
1. The ex-factory price of rebar is raised by 20 yuan / ton. Now as to HRB400 rebar, if the sizes are Ф 18-22mm, the basic price of rebar is RMB3980/MT(about USD581/MT). If the rebar size is12mm, the price increase RMB200/MT(about USD29/MT); if the rebar size is14mm, the price increase RMB100/MT(about USD14.6/MT); if the size of rebar is16mm, the price increase RMB100/MT(about USD14.6/MT); if the rebar size is 25mm, the price increase RMB80/MT(about USD11.7/MT); if the rebar sizes are 28-32mm, the price increase RMB150 /MT(about USD21.9/MT); if the rebar sizes are 36-40mm, the price increase RMB300/MT(about USD43.8/MT). The high strength rebar HRB500 with the same price should increase RMB450/MT(about USD65.7/MT) accordingly.
2. the factory price of the coiled rebar is raised by RMB20/MT(about USD2.9/MT), so the executive price of coiled rebars HRB400 in sizes Φ8-10mm is RMB4160/MT recently, and the price of coiled rebars HRB400 in size 6mm increase RMB700/MT(USD102.2/MT).
Note: all above price has including the tax.