Trade Resources Market View Chinese Shagang Cuts Its Domestic Prices for HRC Prices by RMB300/Ton for June

Chinese Shagang Cuts Its Domestic Prices for HRC Prices by RMB300/Ton for June

It’s reported that the Chinese Shagang announced to cut its domestic prices for hot rolled coils (HRC) prices by RMB300/ton for June.

After the adjustment, its prices for Q235 HRC with thickness of 5.5mm are at RMB3, 450/ton with 17% VAT.

Also, Shagang reduced its domestic prices for steel plates by RMB200/ton for June, making its prices for Q235 steel plates with thickness of 20mm at RMB3, 650/ton with 17% VAT.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64760&division=A2
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Chinese Shagang Decrease Steel Flats Prices for June
Topics: Construction