SteelOrbis Shanghai
On January 15, 2008, Liaoning Province-based Benxi Steel issued its flat product ex-factory prices for February 2008 shipments. The details are as follows:
HR coils:
The ex-factory price has increased RMB 100/mt ($14/mt). Thus the new price of Q235 3.0 mm thick HRC is at RMB 4,200/mt ($580/mt), while that of Q235 5.5 mm x 1,250 mm HRC is at RMB 3,970/mt ($548/mt).
CR coils:
The ex-factory price has risen RMB 200/mt ($28/mt). As a result, the new price of Q195 1.0 mm x 1,250 mm box sheet is at RMB 4,820/mt ($666/mt).
HDG coils:
The ex-factory price has gone up RMB 100/mt ($14/mt). Thus, the new price of ST01Z 1.0 mm x 1,250 mm HDG is at RMB 4,900/mt ($677/mt).
Color coated coils:
The ex-factory price has increased RMB 100/mt ($14/mt). The new price of TDC51D 0.47 mm x 1,250 mm color coated coils stands at RMB 6,100/mt ($843/mt).
All the above prices exclude taxes (17 percent VAT) and are effective as of January 15, 2008.