SteelOrbis Shanghai
On May 8, Liaoning Province-based Anshan Iron and Steel Corporation (Angang) issued June ex-factory prices for its products. The details are as follows:
1. HR
The ex-factory price remained unchanged compared with April. The new price of Q235 3.0 mm thick HRC is RMB 3,950/mt ($514/mt), while that of Q235 5.5 mm thick HRC is RMB 3,820/mt ($497/mt).
2. Medium plate
The ex-factory price remained unchanged compared with April. The new price of Q235 20.0 mm thick medium plate is RMB 3,650/mt ($475/mt).
3. Wire rod
The ex-factory price of carbon wire rod increased RMB 50/mt ($7/mt).
4. Seamless pipe (excluding petroleum pipe, line pipe, tubing coupling)
The ex-factory price of 57-219 mm diameter hot rolled seamless pipe increased RMB 50/mt ($7/mt).
The above prices exclude 17 percent VAT and are effective as of May 8, 2007.