Taiyuan Steel unchanges ex-factory prices for December

SteelOrbis Shanghai On November 24, Taiyuan Steel announced its ex-factory prices of hot rolled coil and medium plate for December. The details are as follows. 1. As hot rolled prices remain unchanged, the ex-factory price of 3.0 mm thick Q235 grade hot rolled coil is still at RMB 4,001/mt ($510), while that of 5.5 mm remains at RMB 3,732/mt ($475). 2. Medium plate prices also remain constant. Thus, the ex-factory price of 14-20 mm Q235 medium plate is still at RMB 3,569/mt ($455). The above prices include 17 percent VAT and are effective as of November 24, 2006. Taiyuan Steel is based in Shanxi province of China. It is the largest stainless steelmaker in China, while its flat steel products also have an important share in domestic China market.