Laigang Group reduces its rebar price
Published: 20 Oct 2009 00:23:45 PSTOct. 20 MetalBiz--China's Laigang Group declared to reduce its rebar price by 100 yuan per ton (US$15 per ton) to 3,400 yuan per ton.
China's domestic steel price has been sliding from early August, the majority of steel makers are suffering from the sluggish demand.
Laigang Group is lied in Shandong Province, as one of the main construction steel manufacturers in China, the company is also famous with its production lines as gear steel, section steel and powder metallurgy products.
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