The Chinese Shagang announced its price policy for steel flat products for December.
It's learned that the firm hiked the prices for hot rolled coils by RMB50/ton and remained the prices for medium heavy plates unchanged.
After the adjustment, the company's list prices for Q235 hot rolled coils with thickness of 5.5mm are at RMB3,930/ton and that of SPHC hot rolled coils with thickness of 3.0mm is at RMB3,970/ton.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61906&division=A2
