It is reported that Kunming Steel made some guide network price adjustment on HRC for the entire province as follows:

1. ≥2.0 mm and <3.0 mm HRC prices downward of CNY 150 per tonne, 2.0 mmQ195 to 235 HRC prices to CNY 6,730 per tonne
2. ≥3.0 mm and <4.0 mm HRC prices are not adjusted, 3.0 mmQ195 to 235 HRC prices to CNY 6,480 per tonne
3. ≥4.0 mm and <5.0 mm HRC prices are not adjusted, 4 mmQ195 to 235 HRC prices in CNY 6380 per tonne
4. ≥5.0 mm and < 6mm HRC prices are not adjusted guidance, 5.0 mmQ195 to 235 HRC prices in CNY 6280 per tonne
5. ≥6.0 mm HRC prices are not adjusted guidance, 6 to 12 mmQ195-235 HRC prices CNY 6,180 per tonne.

These adjustments are tax-inclusive, does not include preferential policies, the implementation date from August 1st 2008 onwards.