China Pangang Sharply Hikes Price for Construction Galvanized Products in Sept.

Published: Aug 26, 2016 10:58

Save

Pangang Group sharply raised its ex-works price for construction galvanized products for September, according to hxsteel.cn.

SHANGHAI, Aug. 26 (SMM) - Pangang Group sharply raised its ex-works price for construction galvanized products for September, according to hxsteel.cn.

It hiked September ex-works price for DX51D+Z0.5mm80g/m2 hot-galvanized coil by 300 yuan per tonne, and ex-works price for 0.5mm×1,000mm×C products is 3,710 yuan per tonne after the hike.

Ex-works price for DX51D+Z1.0mm80g/m2 hot-galvanized coil was also raised by 300 yuan per tonne, with 3,390 yuan per tonne for 1.0mm×1,000mm×C products.

The adjusted price excludes tax and will be executed August 22.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Pangang Group galvanized products hot-galvanized products galvanized coil prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

Economic Improvement of the Boumadine Polymetallic Mine in Morocco

7 hours ago

11 hours ago

Greenland Mines Completes 104.8-Tonne Bulk Sampling Programme at Skaergaard PGM Project

[SMM Flash] Greenland Mines has completed a 104.8-tonne bulk-sampling programme across seven sites at its Skaergaard palladium-platinum-gold project in East Greenland. The samples are being prepared for large-scale and pilot-scale metallurgical testwork at GTK Mintec in Finland, while the company continues engineering, processing, infrastructure and waste-management studies aimed at advancing the project's technical evaluation. Skaergaard's S-K 1300 resource currently comprises approximately 15.0 million oz PdEq Indicated and 17.49 million oz PdEq Inferred, according to Greenland Mines. The bulk-testing programme represents an important step in evaluating processing and recovery options for one of the larger undeveloped palladium-platinum-gold systems outside the major South African, Zimbabwean and Russian supply regions. However, the reported Mineral Resources are not Mineral Reserves and the latest programme does not constitute a development or commercial production decision.

11 hours ago

Two Rivers Advances Validation Work for Merensky Project, Potential Output at 182,000 6E oz/year

[SMM Flash] Two Rivers, the South African PGM joint venture between African Rainbow Minerals and Impala Platinum, is advancing technical validation work for its Merensky project on the eastern limb of the Bushveld Complex. Early-works capital was approved during FY2026 to complete studies required to determine the project's way forward. The Merensky concentrator was commissioned during the six months to December 2024 but was subsequently placed on care and maintenance amid challenging PGM market conditions. The project has a stated capital cost of approximately R7.3 billion and is designed to produce around 182,000 6E PGM oz/year at steady state, alongside approximately 1,600 tonnes/year of nickel and 1,300 tonnes/year of copper. A restart could therefore provide meaningful incremental PGM supply from an existing South African operation. However, the project remains under technical validation and no restart date or final decision to resume production has been announced.

11 hours ago