SteelOrbis Shanghai
On October 10, 2008, Central China's Shandong Province-based Laiyang Iron and Steel Co., Ltd announced that its H-section price would be decreased by RMB 400/mt ($58/mt) for all sizes, with immediate effect.
After the price adjustment, the 200 x 200 mm H-section price now stands at RMB 3,700/mt ($540/mt), while 588 mm x 300 mm H-section is priced at RMB 4,600/mt ($672/mt).