SteelOrbis Shanghai
On August 23, Guangxi Province-based Guangxi Liuzhou Iron & Steel Group Co., Ltd. (Liuzhou Steel) adjusted its ex-factory price for HRC.
The HRC ex-factory price increased RMB 100/mt ($13). After adjustment, the new price of 5.5 mm thick Q235 HRC is RMB 4,280/mt ($565).
The above price includes 17 percent VAT and is effective as of August 23, 2007.