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Benxi Steel lowers flat steel product prices
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Saturday, 19 Sep 2009
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Northeast China based steel giant Benxi Steel hammers out its latest prices for October productions. Prices for some steel products are cut by CNY 300 per tonne to CNY 450 per tonne

1. HR
HR price down by CNY 360 per tonne
Q235 5.5*1500mm*C latest price is CNY 3,180 per tonne
2.75 and 3.0*1500mm*C price by CNY 3,250 per tonne

2. CR
CR price down by CNY 300 per tonne
Full hard price down by CNY 450 per tonne
SPCC 1.0*1250mm*C price stands at CNY 4,440 per tonne
SPCC 1.0*1250mm*C full hard at CNY 3,660 per tonne

3. GI
GI down by CNY 300 per tonne
SGCC 1.0*1250mm*C is quoted at CNY 4,590 per tonne

4. PPGI
PPGI down by CNY 300 per tonne
October price for TDC51D 0.476mm is CNY 5,650 per tonne

Prices listed above are exclusive of 17% VAT effective as of September 17th 2009.

(Sourced from MySteel.net)
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