Jaway Stainless Steel

Baosteel announces flat steel price policy for Oct 2011

Baosteel announces carbon steel flats price policy for October 2011 on the basis of September policy.

I HR (affiliated plants and stainless steel department)

General structural sheet: up CNY60 per tonne.
After adjustment, 5.5mm *1500 SS400 HR coil is priced at CNY 4812 per tonne (CNY5630.04 per tonne including VAT) and 3.0mm *1250 SPHC HR coil at CNY 5062 per tonne (CNY 5922 per tonne including VAT).

II Pickled coil

1 Products from affiliated plants: up CNY120 per tonne.
Now 3.0*1500 SPHC pickled coil ex-works price reach CNY 5227 per tonne (CNY6174 per tonne including VAT).

2 Products from stainless steel department have a discount of CNY 50 per tonne based on those from affiliated plants.

III Plain carbon CR coil

1 Products from affiliated plants: up CNY 50 per tonne. DQ, DDQ grade products: up another CNY30 per tonne; EDDQ, SEDDQ grade and high grades products: up more CNY 50 per tonne.
Now 1.0mm *1250 SPCC CR coil ex-works price hit CNY 5416 per tonne (CNY6336.72 per tonne including VAT).

2 Products from stainless steel department have a discount of CNY 100 per tonne on the basis of those from affiliated plants.

3 Products from Meishan Steel have a discount of CNY 200 per tonne based on those from affiliated plants.

IV Hot galvanized products

1 CQ grade, S series structural steel and common hot galvanized coil from affiliated plants: up CNY 50 per tonne and others: up CNY 200 per tonne.
At present, 1.0mm *1250 DC51D+Z hot galvanized products EXW price reach CNY 5647 per tonne (CNY 6606 per tonne including VAT).
Zn-Fe alloy products: up CNY 200 per tonne on the basis of the pure zinc products.

2 Products from Meishan Steel: unchanged.

V Electrogalvanizing
CQ, DQ grade: up CNY50 per tonne and others: up CNY 150 per tonne.
At present, 1.0*1250 SECC electro galvanizing products ex-works price reach CNY 5927 per tonne (CNY 6934 per tonne including VAT).

VI Galvalume steel
1 Products from affiliated plants: up CNY 100 per tonne.

2 Products from Meishan Steel have a discount of CNY 50 per tonne on the basis of those from affiliated plants.

VII Non-oriented electrical steel: unchanged.

VIII Oriented electrical steel down CNY 500 per tonne

IX Heavy plate unchanged.

All the prices above are effective from September 13, 2011.