Jiuquan Iron and Steel Co. (JISCO) announced its domestic price policy for medium heavy plates.
The company decided to cut the domestic prices for Q235 medium heavy plates with thickness of 14-20mm by RMB50/ton in Shanghai, Lanzhou, Xian regions.
Also, it announced to reduce the domestic prices for Q235 medium heavy plates with thickness of 14-20mm by RMB30/ton in Shinjang and Chengdu regions.
After the adjustment, its latest domestic prices of Q235 medium heavy plates with thickness of 14-20mm come to RMB4,050~RMB4,340/to averagely.
The new prices are effective during June 28th, 2012 through July 7th, 2012.