SteelOrbis Shanghai On March 3, 2006, Liaoning province based
Angang Steel adjusted the ex-factory prices of
galvanized coils and color
coated coils. The price of >0.7 mm thick commercial grade
galvanized coils increased RMB 270/mt ($34), that of <0.7 mm commercial grade
galvanized coils increased RMB 200/mt ($25). After adjustment, the new ex-factory price of 0.5 mm ST01Z
galvanized coils is RMB 4,690/mt ($583) exluding 17 percent VAT, that of 1.0 mm ST01Z
galvanized coils is RMB 4,060/mt ($504) excluding 17% VAT. The price of color
coated coils increased RMB 150/mt ($19). After the adjustment, the new ex-factory price of 0.45 mm TST01 color
coated coils is RMB 5,300/mt ($658) exluding 17 percent VAT.