SteelOrbis Shanghai
On March 29, Inner Mongolia Autonomous Region-based Baotou Steel released ex-factory prices for its hot rolled and cold rolled products for April. The details are as follows:
The producer's HR ex-factory price remains unchanged, and so its price of 5.5 mm thick Q235 HRC is still at RMB 4,050/mt ($524/mt).
The CR ex-factory price is also the same as previous. Thus, the price of 1.0 mm thick SPCC CRC remains at RMB 5,100/mt ($660/mt).
The above prices all include 17 percent VAT and are effective as of March 29, 2007.