Announcement on Listing of Hot Ribbed Bar
Date:12 September 2012
Tianfu Mercantile Exchange(the “Exchange”)
Members and dealers :
It is decided by TME that starting from 17 September 2012, trading can be conducted on Hot Rolled Ribbed Bar (HRB), with details as follows:
I. Commodity for Listing
Commodity Name: Hot Rolled Ribbed Bar
National Standard: GB1499.2-2007
Grade: HRB335、HRB400、HRB500、HRB335E、HRB400E、HRB500E；
Norm: diameter 8-50mm / diameter 6-14mm for coiled reinforced bar
II. Trading Types
(a) Listing
(b) Bidding
III. Date of Listing
(a) Data of Listing
17 September 2012
(b) Trading Hours
AM: 9:00-11:30 PM: 13:30-15:30
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)
IV. Delivery and Settlement Handling
AM: 9:00-11:30 PM: 13:30-17:30
The days TME shall be open for business are every Monday through Friday (with exceptions of statutory holidays)
Dealers in need of detailed information with regard to TME’s trading rules and relevant operation process may refer to our website (www.chinatme.com), or approach Metal Department at your convenience.
Person to contact : Mr. Jiang, Metal Department
Tel No.: 028-65301668
E-mail：jiangyl@chinatme.com
Parameter Table of HRB (Physical Commodity)
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Category |
Iron & Steel |
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|
Commodity Name |
HRB |
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|
Commodity Code |
HRBSW |
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Commodity Transaction Scope |
Quality Standard |
National Standard:GB1499.2-2007 |
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|
Norm |
Diameters:8mm、10mm、12mm、14mm、16mm、18mm、20mm、22mm、 25mm、28mm、32mm、36mm、40mm、50mm Length:9m、12m （fixed length） |
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Manufacturer /Brand |
Name of Manufacturer |
Brand |
|
|
Chengdu Metallurgical Experiment Factory Co |
Chengshi |
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|
Kunming Iron And Steel Holding Co Ltd |
Kungang |
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Pangang Group Chengdu Steel Vanadium Co Ltd |
Chenggang |
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Sichuan Chuanwei Group Co Ltd |
Chuanwei |
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Dazhou Iron & Steel Group Ltd |
Bashan |
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Sichuan Desheng Iron & Steel Group Co Ltd |
Desheng |
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Chengdu Changfeng Iron & Steel Group Co Ltd |
Changfeng |
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Shaanxi Longmen Iron & Steel Group Co Ltd |
Yulong |
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|
Luzhou Yixin Iron & Steel Co Ltd |
Yixin |
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|
Grade |
HRB400、HRB500、HRB400E、HRB500E |
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|
Delivery Warehouse |
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Trading Hours |
(Mon-Fri,Statutory Holidays Excluded) |
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|
Quoting Mode |
VAT price |
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Quoting Unit |
Yuan/ton |
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Minimum Price Interval |
1 Yuan/ton |
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Minimum Trading Unit |
1 hand（1 hand=1 ton） |
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|
Margin for Trading |
10% |
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|
Default for Delivering |
10% |
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|
Transaction Fee |
0.5‰ |
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|
5 Yuan/ton - Standardized Delivery; Free of charge - Negotiated Delivery |
|||
|
Benchmark price of previous trading day for the item ×（1±6%） |
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|
Date of Delivery |
The listing day |
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|
VAT rate |
17% |
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|
20% |
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Time Limit for Seller’s Invoicing |
Within 20 trading days after a successful delivery |
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Reminder: Parameter Table of HRB (Physical Commodity) in Chinese version should pravil,if any controversy or dispute occurs.