Handan Steel ups ex-factory CR price for March

SteelOrbis Shanghai On March 6, 2007, Hebei Province-based Handan Steel hiked its ex-factory prices for CR coils by RMB 200/mt ($26/mt) from February levels. Following the increase, the ex-factory price of SPCC 1.0 mm stands at RMB 5,000/mt ($646/mt). The new prices include 17 percent VAT and are effective as of March 6, 2007.