SteelOrbis Shanghai
On July 21, Masteel disclosed the August ex-factory prices of
galvanized coils and color
coated coils.
The price of
galvanized coils decreased RMB 350-450/mt ($44-56) compared with July, and that of color
coated coils decreased RMB 400/mt ($50).
After the adjustment, the new price of 1.0 mm thick SGCC
galvanized coil is RMB 4,600/mt ($576), and that of 0.5 mm thick TSGCC color
coated coil is RMB 5,840/mt ($731), both prices excluding 17 percent VAT.