( 22-05-2014 - 05:01 PM ) - Views: 2044

The major distribution agency in Hangzhou has discontinued sales of Sagang since last Friday. They simultaneously send a message to the machine to factory recommended adequate subsidy for losses spot price difference between the original price and factory.

The major distribution agency in Hangzhou has discontinued sales of Sagang since last Friday. They simultaneously send a message to the machine to factory recommended adequate subsidy for losses spot price difference between the original price and factory.

After adjustment, HRB335 and HRB400 rebar 16-25mm lowered respectively 3,800 yuan / ton (611 USD / ton) and 3,900 yuan / ton. In addition, manufacturers also lowered the price of 100 yuan / ton for Q235 6.5mm smooth scrolling down 3,900 yuan / ton. All include 17% VAT.

A trader in Hangzhou said HRB335 rebar shipments of Shagang in 02 months stood at 4,050 yuan / ton, while the price on the spot market dropped to 3,770 yuan / ton, traders make a loss of 200 yuan / tons.

Previously, only those claims Shagang each agent to complete the row get enough contracts last February and 3 refund 200 yuan / ton for deliveries beginning in March.