November 21, 2008

Chinese domestic prices remain stable

It is reported HRC prices in China are stable at the moment.

Shanghai
1. 1500mm wide 9.75mm thick is quoted at CNY 5720 per tonne
2. 9.5mm thick at CNY 5750 per tonne
3. 1800mm wide is offered at CNY 6100 per tonne
4. 2.75mm thick is posted at CNY 5880 per tonne
5. Low alloy 7.5mm thick stands at CNY 5980 per tonne
6. CCS 1810mm is about CNY 6100 per tonne.

Beijing
1. 2.75mm HR coil is quoted at CNY 5900 per tonne
2. 7.5mm or thick plate is posted at CNY 5820 per tonne.

Guangzhou
1. 1500 wide and thick coil is mainly between CNY 5830 per tonne to CNY 5850 per tonne.

(Sourced from MySteel.net)