September 07, 2008

Shougang increases March prices for medium plate

It is reported that Shougang Group has released its March 2008 price for medium plate on the basis of previous price published on January 22nd 2008.

Prices are raised by CNY 500 per tonne for low alloy plate, CNY 450 per tonne for common carbon and quality carbon plate and CNY 400 per tonne for other plates. Price is maintained flat for shipbuilding plate.

Prices listed above are inclusive of 17% VAT effective from March 1st 2008.