The producer's HR prices have increased by RMB 50/mt ($7/mt) compared with the levels issued on July 7. As a result, the new price of 5.5 mm Q235 is now at RMB 3,730/mt ($546/mt).
The above price includes 17 percent VAT.
US$1 = RMB 6.83
Laiwu Steel ups its HR prices again
On July 15, Shandong Province-based Chinese steelmaker Laiwu Steel announced an upward adjustment to its HR ex-works prices for July to take effect immediately. The details are as follows:
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