The Chinese steelmaker Shagang announced to leave its ex-work prices for most hot rolled coils unchanged for December, except a rise of RMB50/ton on SPHC grade HRC.
After the announcement, the prices for Q235 HRC with thickness of 5.5mm are at RMB3,550/ton; those for SPHC HRC with thickness of 3.0mm are at RMB3,650/ton, including 17% VAT.
Besides, Shagang also remained its plate prices unchanged, making ex-work prices for Q235 plates with thickness of 14mm-20mm at RMB3,730/ton with 17% VAT.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67515&division=A2
