SteelOrbis Shanghai
On May 14, Sichuan Province-based Chongqing Steel announced its latest prices for medium plate. The details are as follow:
1. The prices of common carbon plates have been increased by RMB 400/mt ($52/mt). Following the adjustment, the new price of 12-25 mm Q235A is RMB 5,000/mt ($651/mt), the price of 8 mm costs RMB 5,250/mt ($684/mt), while 10 mm is at RMB 5,150/mt ($670/mt).
2. Low alloy plate prices have been hiked by RMB 400/mt ($52/mt). As a result, the new price of 12-25 mm Q345A is RMB 5,100/mt ($664/mt), 8 mm Q345A costs RMB 5,350/mt ($697/mt), while 10 mm has risen to RMB 5,250/mt ($684/mt).
3. The prices of boiler plate and container plate have gone up RMB 400/mt ($26/mt), with the price of 20g 12-25 mm now at RMB 5,500/mt ($716/mt). In addition, the price of 16MnR 12-25 mm has increased to RMB 5,300/mt ($690/mt).
4. Shipbuilding plate prices have been raised RMB 400/mt ($52/mt),with the new price of 12-25 mm CCSA at RMB 5,400/mt ($703/mt).
All the above prices include 17 percent VAT and are effective as of May 14.