SteelOrbis Shanghai
On December 3, Tianjin Steel announced an upward adjustment of RMB 50/mt ($6.8/mt) in its latest ex-factory prices for medium plate. Following the adjustment, the new price of 16-20 mm Q235 is RMB 4,900/mt ($662/mt).
The above prices include 17 percent VAT and are effective as of December 3, 2007.