Shagang Cuts HRC Prices for October

  • Thursday, October 10, 2013
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  • Keywords:Shagang HRC October
[Fellow]
It’s reported that the Chinese steelmaker Shagang announced to cut domestic prices for hot rolled coils by RMB200/ton for October.
 
Also, the company reduced its domestic prices for steel plates by RMB150/ton for October.
 
After the adjustment, the company’s list 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 RMB3,600/ton, including 17% VAT.
 
The new prices have become effective from October 1st.
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