It’s reported that Shougang, one of the major steelmaker in China released its price policy for August.
The company decided to raise its prices for hot rolled coils (HRC) by RMB110/ton while it remained its prices for cold rolled and galvanized steel products unchanged for August.
After the adjustment, its ex-factory prices for Q235 HRC with sizes of 4.75mm x 1,500mm x C are at RMB3, 110/ton and those for SPCCC CRC with thickness of 1.0mm are at RMB4,100/ton.
The above prices exclude taxes and will become effective from August 1st, 2013.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65427&division=A2
