September 08, 2008

Benxi Iron and Steel increases flat product prices for April 2008

China’s Benxi Iron and Steel has announced following price increases for April 2008

1. HRC price up by CNY 500 per tonne,
Now Q235 HRC is priced at CNY 4,900 per tonne

2. CRC price up by CNY 600 per tonne.
Now Q195 CRC is at CNY 5,670 per tonne

3. HDG price up by CNY 700 per tonne
Now ST001Z HDG is at CNY 5,850 per tonne

4. PPGI price rose by CNY 800 per tonne.
Now TDC51D PPGI is at CNY 7,100 per tonne.