Baosteel issues its steel plate prices for August delivery

Thursday, 11 July 2013 14:00:52 (GMT+3)   |   Shanghai
       

Major Chinese steelmaker Baosteel has issued its prices for steel plate for delivery in August. The details are as follows (comparisons are with July delivery prices):
 
1.   Prices of ordinary plate, boiler plate and container plate are down $32/mt.
 
2.   The price of shipbuilding plate is down $42/mt.
 
Accordingly, the price of Q235A14 20 mm plate has declined to $588/mt, the new price of Q345A14 20 mm low-alloy plate is at $613/mt, the price of Q245R14 20 mm boiler plate is now at $613/mt, the price of Q345R14 20 mm boiler plate has declined to $637/mt, while the price of CCSA14 20 mm shipbuilding plate is now at $629/mt.
 
All the above price changes are effective for deliveries from August 1 of the current year and exclude 17 percent VAT
 
$1 = RMB 6.15

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