SteelOrbis Shanghai
On May 30 2006, Henan province based Handan Steel adjusted the ex-factory prices of hot rolled
galvanized coils and color
coated coils.
The price of hot rolled
galvanized coils increased RMB 500/mt ($62), that of color
coated coils increased RMB 400/mt ($50). After the adjustment, the price of 3.0 mm thick SGH340 hot rolled
galvanized coils increased to RMB 5,420/mt ($676), and that of 1.0 mm thick CGCC color
coated coils to RMB 6,390/mt ($797), both prices including 17 percent VAT.