Reportedly, Jiuquan Iron and Steel Co. (JISCO) announced the new price policy for steel flat products for Lanzhou market on March 31st.
The company has decided to raise the prices of hot rolled coil (HRC) of medium heavy plate by RMB20/ton averagely.
After the price hike, the ex-factory prices of Q235 HRC with dimension of 2.75mm are at RMB4, 890/ton; that with dimension above 3.75mm is at RMB4, 770/ton respectively.
The above prices include taxes and will become effective after the price announcement.
News Date 4/1/2011 9:25:21 AM reported by Andy
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