TISCO decreases hot rolled coil prices
SteelOrbis Shanghai On August 28, 2006, Shanxi province based Taiyuan Iron & Steel (Group) Company Ltd (TISCO) announced lower hot rolled coil ex-factory prices for September. The base price decreased RMB 800/mt ($100). After the adjustment, the new price of 5.5 mm thick Q235 hot rolled coil became RMB 3,681/mt ($462) including 17 percent VAT.
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