Hebei Iron & Steel announced to cut the list prices of steel flat products by RMB50~RMB200/ton averagely for next January.
The company decided to decrease the list prices of medium heavy plate and pickled coil by RMB50/ton, to cut the list prices of hot rolled steel plate/coil, cold rolled steel plate/ coil and Al-Zn plates by RMB100/ton, to decline the list prices of hot rolled galvanized steel plates by RMB150/ton and to drop the list prices of cold rolled galvanized steel plates by RMB200/ton.
The new price policy will become effective from January 1st, 2012