SteelOrbis Shanghai
On February 6, Guangxi Province-based Guangxi Liuzhou Iron & Steel Group Co., Ltd. (Liuzhou Steel) made an upward adjustment to its ex-factory price for hot rolled coil.
The mill increased its ex-factory price by RMB 50/mt ($6). After adjustment, the new price of 5.75 mm Q235
HRC is RMB 4,100/mt ($530/mt).
All above prices include 17 percent VAT and are effective as of February 6, 2007.