Benxi Steel ups prices

SteelOrbis Shanghai Liaoning province based Benxi Steel released its 3rd price list this year on February 21, 2006. The company increased its galvanized coil prices RMB 570/mt ($71), and color coated coil prices RMB 300/mt ($37). After the adjustment, the new prices exluding 17 percent VAT of 0.5 mm ST01Z galvanized coils is RMB 4,610/mt ($573), 1.0 mm ST01Z galvanized coils is RMB 4,040/mt ($502), and 0.5 mm TST01 color coated coils is RMB 5,000/mt ($621).