Maanshan Iron and Steel Co. (600808.SH; 00323.HK) announced on Tuesday that it would cut prices of building steels by 10 yuan/metric ton (tonne) from Tuesday, based on their benchmark prices on Monday.
The following table shows prices of the steel maker's building steels on Monday.
Item |
Benchmark price on Monday (yuan/tonne) |
8mm HPB300 high-speed wire rod |
2,400 |
20mm HRB400 rebar |
2,180 |
8mm HRB400 rebar |
2,440 |
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