Liuzhou Steel adjusts HRC price once more
SteelOrbis Shanghai Following the price adjustment dated September 4, Guangxi province based LiuZhou Iron & Steel Group Co Ltd (Liuzhou Steel) announced another increase today, on September 7, 2006, in the afternoon. Accordingly, Liuzhou Steel's hot rolled coil ex-factory price increased another RMB 50/mt ($6). After the adjustment, the new price of 5.75 mm Q235 hot rolled coil became RMB 3,790/mt ($477) including 17 percent VAT.
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