Liuzhou Steel reduces flats ex-works prices for April

1. Hot rolled prices have decreased RMB 220/mt ($32/mt). As a result, the new price of 5.5 mm Q235 is at RMB 3,600/mt ($527/mt).

2. Medium plate prices are down RMB 320/mt ($47/mt). Thus, the price of 14-28 mm Q235 is now at RMB 3,685/mt ($540/mt).

All the above prices include 17 percent VAT and are effective from April 1, 2009.

Please click here to see the new longs prices of Liuzhou.

$1 = RMB 6.83