Hansteel, a constituent company of Heben Iron and Steel Group announced to hike its prices for steel wire products by RMB60/ton averagely for November.
The firm decided to raise the prices for 40-60# hard wire rods by RMB60/ton for November, making its list prices for 40-60# hard wire rods with diameters of 6.5mm~22mm to RMB3,940/ton.
Besides, it increased the November list prices for prestressed concrete (PC) steel wires by RMB60/ton, leading its list prices for PC steel wire with diameter of 8mm~12mm to increase to RMB4,020/ton.
In addition, Hansteel hike its list prices for cold heading wires by RMB60/ton. After the adjustment, its November list prices for SWRCH18A-22A cold heading wire with diameters of 6.5mm~22mm become RMB4,040/ton.