Anshan Steel releases March ex-factory prices

SteelOrbis Shanghai On February 2, Liaoning Province-based Anshan Steel released its ex-factory product prices for March. The details are as follows: 1. HR coils Prices of common carbon products increased RMB 300/mt ($39/mt), while those of others increased RMB 100/mt ($13/mt). As a result, the price of Q235 3.0 mm is RMB 3,700/mt ($477/mt), while that of 5.5 mm is RMB 3,570/mt ($460/mt). 2. CR coils Prices increased RMB 100/mt ($13/mt). Following the adjustment, the price of St12 1.0 mm CR box sheet is now at RMB 4,100/mt ($528/mt), while that of 0.5 mm has risen to RMB 4,550/mt ($586/mt). Finally, the new price of 1.0 mm CR coil is RMB 4,050/mt ($522/mt). 3. Galvanized prices remain constant, with the price of St02Z 1.0 x 1,250 mm x C still at RMB 4,860/mt ($626/mt). 4. Color coated prices remain unchanged, with the price of 0.5 mm x 1,000 mm x C still at RMB 6,300/mt ($812/mt). 5. CR electric steel Prices of 50AW130 increased RMB 200/mt ($26), while those of other specifications increased RMB 150/mt ($19/mt). 6. Medium plate Prices increased RMB 200/mt ($26/mt). After the adjustment, the price of Q235 20 mm has risen to RMB 3,320/mt ($428/mt). February prices are still in effect for other product varieties. All the above prices exclude 17 percent VAT and are effective as of February 02, 2007. $1 = RMB 7.76