July 05, 2008

Benxi Steel releases June prices

China's Benxi Steel has released its prices adjustments for June 2008 productions, based on prices published on April 16th 2008.

HR
Up by CNY 150 per tonne
Up CNY 50 per tonne for SPHC
Q235 3.0mm HRC is priced at CNY 5050 per tonne
Q235 5.5*1500mm HRC at CNY 4800 per tonne

CR
Up CNY 150 per tonne
Ex Work price stands at CNY 5820 per tonne for Q195 1.0mm*1250 cased sheet
CNY 5750 per tonne for 1.0mm CRC

GI
Up CNY 150 per tonne for products yielded by No. 1 and No. 2 Mills
ST01Z1.0mm*1250 galvanized coil is offered at CNY 6000 per tonne

Color coated steel unchanged
Ex work price for TDC51D0.47mm*1250 color coated steel is quoted at CNY 7100 per tonne

Prices listed above are exclusive of 17% VAT, effective as of May 13th 2008.

(Sourced from MySteel.net)