SteelOrbis Shanghai
On April 28, Shandong Province-based Jinan Iron and Steel Group Corporation (Jinan Steel) issued new ex-factory prices for its HR and CR. The details are as follows:
The ex-factory price of CR decreased RMB 200/mt ($26/mt). After adjustment, the new price of SPCC 1.0 mm thick CRC is RMB 4,810/mt ($624/mt).
The ex-factory price of HR remains unchanged. The price of Q235 2.75 mm thick HR is RMB 4,420/mt ($573/mt), while that of Q235 5.5 mm thick HR is RMB 4,100/mt ($532/mt).
All the above prices include 17 percent VAT.