SteelOrbis Shanghai
On September 20, Shougang announced an upward adjustment of RMB 180/mt ($24/mt) to its October HRC prices compared to September levels. Thus, the ex-factory price of Q235B 5.75 mm x 1,800 mm is now at RMB 4,330/mt ($577/mt).
The above price includes 17 percent VAT and is effective as of October 1, 2007.