It's reported that Hebei Steel announced to raise its rebar prices for August deliveries.
The company decided to hike its HRB400 rebar with diameter of 18-25mm by RMB100/ton to RMB3,620/ton.
Meanwhile, the spot prices for HRB400 rebar with diameter of 18-25mm remained unchanged from last Thursday at RMB3,550~RMB3,560/ton with 17% VAT in Beijing market.