SteelOrbis Shanghai
On March 1, Inner
Mongolia Autonomous Region-based
Baotou Steel released ex-factory prices for some of its flat products for March 2007. The prices increased by RMB 200/mt for HR, CR, full hard, and HDG products.
After the adjustment;
The new price of 5.5 mm thick Q235
HRC is RMB 4,050/mt ($523/mt).
That of 1.0 mm thick SPCC
CRC is RMB 5,100/mt ($659/mt).
1.0 mm thick SPCC Full Hard is RMB 4,600/mt ($594/mt).
1.0 mm thick SGCC HDG is RMB 5,500/mt ($711/mt).
All above prices include 17 percent VAT and are effective as of March 1, 2007.