SteelOrbis Shanghai
On October 30, Henan Province-based Anyang Steel announced downward adjustments to its ex-factory prices. The details are as follows;
1. Sections:
The producer's price has deceased RMB 210.6/mt ($31/mt). As a result, Q235 50 x 5 mm angles now cost RMB 4,141/mt ($606/mt), with the price of Q235 #6.3-10 channels at RMB 4,094/mt ($599/mt).
2. Medium plate:
The price of medium plate has gone down by RMB 327.6/mt ($48/mt), and so Q235 14-25 mm now costs RMB 4,703/mt ($689/mt).
The above prices include taxes (17 percent VAT) and are effective as of October 30.