It is reported that Shougang Group releases EXW prices for sheet and plate products in December one day after the steelmaker announced to raise medium plate prices by CNY 50 per tonne to CNY 205 per tonne.

1. HR
HR price up by CNY 300 per tonne
Q2355.5mm*1500 HRC price is CNY 3,660 per tonne

2. CR
CR price up by CNY 300 per tonne
SPCC1.0mm CRC is now quoted at CNY 4,750 per tonne

3. Galvanized Coil
Galvanized Coil up by CNY 400 per tonne
Price for St01Z1.0mm galvanized coil is offered at CNY 4,950 per tonne

4. Full Hard
Full hard price up by CNY 250 per tonne
SPCC1.0mm full hard latest EXW price is CNY 4,150 per tonne

Prices listed above are inclusive of 17% VAT effective as of December 1st 2009.

(Sourced from MySteel.net)
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