Contract Size

10 tons/lot

Price Quotation

(RMB) Yuan/ton

Minimum Price Fluctuation

1 Yuan/ton

Daily Price Limit

Within 3% above or below the settlement price of the previous trading day

Contract Series

Monthly contract of the recent 12 months

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m. (the Beijing Time)

Last Trading Day

The 15th day of the delivery month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday)

Delivery Period

The 5 consecutive business days after the last trading day

Grade and Quality Specifications

Standard Products: As specified in Steel for Reinforcement of Concrete–Part 2: Hot-rolled Ribbed Bar, GB1499.2-2007, with designation of HRB400 or HRBF400 with a diameter of 16mm, 18mm, 20mm, 22mm, 25mm.

Substitute Products: As specified in Steel for Reinforcement of Concrete– Part 2: Hot-rolled Ribbed Bar, GB1499.2-2007, with designation of HRB335 or HRBF335 with a diameter of 16mm, 18mm, 20mm, 22mm, 25mm.

Delivery Venue

SHFE Certified Delivery Warehouse

Minimum Trade Margin

5% of contract value

Minimum Warranted Delivery Size

300 tons

Settlement Type

Physical Delivery

Contract Symbol

RB