Reportedly, Tianjin Qifeng announced to adjust the prices for hot rolled (HR) strips for domestic market on December 16th.
After the adjustment, the ex-factory prices of Q195 HR strip in dimension of 2.5mm x 145mm~240mm remained unchanged at RMB3,980/ton and that in dimension of 2.5mm x 285mm~355mm decreased by RMB30/ton to RMB4,060/ton.
The above prices include taxes and have become effective from December 18th, 2011.