SteelOrbis Shanghai
On January 16, Hunan Province-based Xiangtan Steel announced its latest ex-factory prices for medium
plate. The details are as follows:
1. The price of common carbon
plate has been increased by RMB 200/mt ($26/mt). As a result, the new price of 14-20 mm Q235 common carbon
plate is RMB 4300/mt ($553/mt).
2. The low-alloy
plate price has gone up RMB 150/mt ($19/mt). Following this adjustment, 16-25mm Q345 now costs RMB 4400/mt ($566/mt).
All the above prices include 17 percent VAT and are effective as of January 16.