August 26 Shandong Taishan Iron and Steel Group Plate Price Adjustment Policy

On August 26th, Taishan Iron and Steel issued a price policy for hot and cold coil products. The specific implementation prices are as follows. The following prices are all acceptance tax-inclusive prices and will be implemented from August 26, 2012.

1. Ex-work price of hot-rolled coils: The local guide price for hot-rolled coils of 1780 units is now 3,650 yuan/ton;

2. Hot-rolled broadband ex-factory price: The current local guide price of 950 units in Puzhong Broadband Steel is 3,650 yuan/ton;

3, cold-rolled coil ex-factory price: Now 1700 units 1.0mm cold-rolled coil local guide price is 4350 yuan / ton;

4. Cold-rolled broadband ex-factory price: The current local price of 950 units 1.0mm cold-rolled strip is 4350 yuan/ton.