Meijin Construction Materials Reduces Steel Ex-factory Prices by 30 Yuan on May 9

[Price Adjustment by Steel Mill] On May 9, Meijin Construction Materials reduced its ex-factory prices by 30 yuan. After the adjustment:

1. The ex-factory price of HRB400E rebar with a diameter of Φ18-22mm is 3,330 yuan;

2. The ex-factory price of HPB300 wire rod with a diameter of Φ8-10mm is 3,480 yuan;

3. The ex-factory price of coiled rebar with a diameter of Φ8-10mm is 3,480 yuan.