China’s Shagang to raise hot rolled coil list prices for Jul
China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for July. The company decided to hike its prices for hot rolled coil wire rod by RMB150/ton for July. The company’s heavy plate list prices remained unchanged for July.
After prices adjustment, the prices Q235 hot rolled coil with thickness of 5.5mm are at RMB3,680/ton, up by RMB150/ton; the prices of SPHC hot rolled coil with thickness of 4mm are at RMB3,680/ton, up by RMB150/ton.
Meanwhile, the prices of Q235 heavy plate with thickness of 14-29.5mm are at RMB3810/ton, remained unchanged, the above prices include 17% VAT, effective on July 1st.
