Benxi Steel announces August prices

SteelOrbis Shanghai On July 18 2006, Liaoning province based Benxi Steel announced its price list for August shipments. The ex-factory prices of galvanized coils and color coated coils remained unchanged. The price of 0.5 mm ST01Z galvanized coils is RMB 5,750/mt ($719), and that of 1.0 mm ST01Z galvanized coils is RMB 5,070/mt ($634). The price of 0.45-0.49 mm TST01 color coated coils is RMB 6,200/mt ($775). 17 percent VAT is excluded from the prices.