According to media report, Chinese Shagang, the largest steel manufacturing privately-owned company in China announced to leave its steel prices for rebar unchanged for end November 2012.
After the price announcement, the company's prices for HRB335 deformed bar with diameters of 16mm to 25mm are at RMB3, 850/ton and that for HRB400 with diameters of 16mm to 25mm is at RMB3, 950/ton.