Jiangsu Province-based Shagang Group, China’s largest private steelmaker, has issued its list prices for steel plate for September this year.
Accordingly, the company has kept its offer prices for 20 mm x 2,000 mm Q235B steel plate stable at RMB 3,850/mt ($542/mt) ex-works.
In August, the company had raised its offer prices for 20 mm x 2,000 mm Q235B steel plate by RMB 50/mt ($7/mt) to RMB 3,850/mt ($539/mt) ex-works.
$1 = RMB 7.1108