Jiangsu Province-based Shagang Group, China’s largest private steelmaker, has issued its list prices for hot rolled coil for February this year.
Accordingly, the company has kept its offer prices for 5.75 mm x 1,500 mm Q235B HRC stable at RMB 3,500/mt ($502/mt) ex-works, for delivery in February.
In January, the producer had kept its offer prices for 5.75 mm x 1,500 mm Q235B HRC stable at RMB 3,500/mt ($498/mt) ex-works, for delivery in January.