Reportedly, China's Qi Feng Group announced to raise the steel strip prices by RMB70~RMB80/ton averagely on November 7th.
After adjustment, the prices of Q195-215 steel strip in dimension of 2.5mm x 145mm~240mm increased by RMB80/ton to RMB4, 280/ton; that for Q195-215 steel strip in dimension of 2.5mm x 241mm~360mm surged by RMB70/ton to RMB4, 280/ton and that of Q195-215 steel strip in dimension of 2.5mm x 360mm above soared by RMB80/ton to RMB4, 330/ton.
The above prices include taxes and will become effective from November 7th, 2011