Benxi Steel keeps flat product prices stable

SteelOrbis Shanghai Liaoning province based Benxi Steel released a new price list on May 22, 2006 for late-May, where the ex-factory prices of hot and cold rolled products remained unchanged. The prices of hot rolled and cold rolled products were unchanged. After the adjustment, the price of 3.0 mm Q235 hot rolled coil remained at RMB 3,600/mt ($449), and 1.0 mm cold rolled coil remained at RMB 4,510/mt ($562). The new price list is effective from May 22, 2006. 17 percent VAT is excluded from the prices.