SteelOrbis Shanghai
On August 9, Guangxi Province-based Guangxi LiuZhou Iron & Steel Group Co., Ltd. (Liuzhou Steel) adjusted its ex-factory price for HRC.
The price increased RMB 30/mt ($4/mt). After adjustment, the new price of 5.5 mm thick Q235 HRC is RMB 4,050/mt ($535/mt) including 17 percent VAT.
The new price is effective as of August 9, 2007.