SteelOrbis Shanghai
On November 24, Taiyuan Steel announced its ex-factory prices of hot rolled coil and medium
plate for December. The details are as follows.
1. As hot rolled prices remain unchanged, the ex-factory price of 3.0 mm thick Q235 grade hot rolled coil is still at RMB 4,001/mt ($510), while that of 5.5 mm remains at RMB 3,732/mt ($475).
2. Medium
plate prices also remain constant. Thus, the ex-factory price of 14-20 mm Q235 medium
plate is still at RMB 3,569/mt ($455).
The above prices include 17 percent VAT and are effective as of November 24, 2006.
Taiyuan Steel is based in Shanxi province of
China. It is the largest
stainless steelmaker in
China, while its flat steel products also have an important share in domestic
China market.