In July, the output of mild steel plate was 5.91 million tons, an increase of 560,000 tons year-on-year, an increase of 10.5%; sales were 5.83 million tons, with an average price of 4,056 RMB/ton, a decrease of 13 RMB/ton from the previous month; the cumulative output of mild steel plate was 37.56 million tons, an increase of 1 million tons year-on-year, an increase of 2.7%.

As an integrated internet platform providing benchmark prices, on August 27, the benchmark price of mild steel plate on Sino-Trade was 3,412 RMB/ton, down 0.29% from 3,422 RMB/ton at the beginning of the month.

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.