DONGChina’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for August. The company decided to hike its prices for hot rolled coil by RMB380/ton for August.
After prices adjustment, the prices Q235 hot rolled coil with thickness of 5.5mm are at RMB4,030/ton, up by RMB380/ton; the prices of SPHC hot rolled coil with thickness of 4mm are at RMB4,060/ton, up by RMB380/ton, the above prices include 17% VAT, effective on August 1st.
