Angang releases June ex-factory prices

Wednesday, 09 May 2007 13:25:52 (GMT+3)   |  
       

SteelOrbis Shanghai

On May 8, Liaoning Province-based Anshan Iron and Steel Corporation (Angang) issued June ex-factory prices for its products. The details are as follows:

1. HR

The ex-factory price remained unchanged compared with April. The new price of Q235 3.0 mm thick HRC is RMB 3,950/mt ($514/mt), while that of Q235 5.5 mm thick HRC is RMB 3,820/mt ($497/mt).

2. Medium plate

The ex-factory price remained unchanged compared with April. The new price of Q235 20.0 mm thick medium plate is RMB 3,650/mt ($475/mt).

3. Wire rod

The ex-factory price of carbon wire rod increased RMB 50/mt ($7/mt).

4. Seamless pipe (excluding petroleum pipe, line pipe, tubing coupling)

The ex-factory price of 57-219 mm diameter hot rolled seamless pipe increased RMB 50/mt ($7/mt).

The above prices exclude 17 percent VAT and are effective as of May 8, 2007.


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