August 22, 2008

Handan Steel hikes April prices

It is reported that Hebei's Handan Steel has raised prices for some products for April productions on the basis of prices released on February 27th 2008.

HRC prices are hiked by CNY 150 per tonne,
Pickled steel prices hiked by CNY 120 per tonne
Color coated steel prices hiked by CNY 300 per tonne
Galvanized steel prices hiked by CNY 260 per tonne
CR prices hiked by CNY 150 per tonne
Full hard prices hiked by CNY 150 per tonne.

Latest EXW price for Q235 3.0mm HRC is quoted at CNY 5590 per tonne that for 5.5mm HRC at CNY 5460 per tonne.

Prices listed above are inclusive of 17% VAT effective as of March 26th 2008.

(Sourced from MySteel.net)