SteelOrbis Shanghai
On January 8, 2007, Liaoning Province-based Anshan New Steel released new ex-factory product prices for delivery in February 2007. The details are as follows:
1. Hot rolled
The ex-factory price of HR remained unchanged. As a result, the new price of 2.0 mm thick SPHC
HRC is still at RMB 3,750/mt ($481), while that of 5.75 mm thick SS400
HRC remains at RMB 3270/mt ($419).
2. Cold rolled
The ex-factory price of CR has also remained unchanged. Thus, the new price of 1.0 mm thick St12
CRC is still RMB 4,000/mt ($513), while that of 1.0 mm thick cold rolled sheet is RMB 4,050/mt ($519).
3. Hot dip galvanized and color coated coil
The ex-factory prices of HDG and color
coated coil remains unchanged. The new price of 1.0 mm thick ST01Z HDG is RMB 4,860/mt ($623), while that of 0.5 mm thick color
coated coil is RMB 6,300/mt ($808).
4. Non-oriented silicon steel
The ex-factory price of non-oriented silicon steel increased RMB 100/mt ($13). Following this adjustment, the new price of 0.5 mm thick 50AW800 non-oriented silicon steel is RMB 4,850/mt ($622).
The prices for February delivery of Anshan New Steel's other products remained unchanged.
All the above prices exclude 17 percent value-added tax, and are effective for bookings made as of January 8, 2007.