SteelOrbis Shanghai
On January 11, Guangdong Province-based Shaogang Steel announced its ex-factory prices for medium
plate. The details are as follows:
1. Common carbon
plate and low-alloy
plate prices have been increased by RMB 80/mt ($10). Following this adjustment, the new price of 14-20mm Q235 common carbon
plate is RMB 3,910/mt ($501).
2. The price of
shipbuilding plate has gone up RMB 170/mt ($22). As a result, the new price in Guangzhou of 14-20mm CCSB is RMB 4,300/mt ($551).
All the above prices include 17 percent VAT and are effective as of January 11.