It is reported that Northeast China based Benxi Steel has increased December prices for major steel products by CNY 230 per tonne to CNY 320 per tonne following similar moves by Anshan Steel.

1. HR
HR price up by CNY 230 per tonne
Q235 5.5*1500mm*C is quoted at CNY 3,230 per tonne
2.75, 3.0*1500mm*C is quoted at CNY 3,300 per tonne

2. CR
CR price up by CNY 320 per tonne
Full hard price up by CNY 400 per tonne
SPCC 1.0*1250mm*C EXW price is CNY 4,360 per tonne
SPCC 1.0*1250mm*C full hard price is at CNY 3,760 per tonne

3. GI
GI price up by CNY 320 per tonne
SGCC 1.0*1250mm*C galvanized steel latest price stands at CNY 4,460 per tonne

4. PGI
PGI price up by CNY 300 per tonne
Price for TDC51D 0.476mm is offered at CNY 5,750 per tonne

Prices listed above are exclusive of 17% VAT effective as of November 19th 2009.

(Sourced from MySteel.net)
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